Key Developments: Abertis Infraestructuras SA (ABE.MC)

ABE.MC on Madrid SE C.A.T.S.

16.73EUR
21 Nov 2014
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Latest Key Developments (Source: Significant Developments)

Abertis completes 350 mln euro bond issue
Wednesday, 19 Mar 2014 08:00pm EDT 

Abertis Infraestructuras SA:Completes private bond issues of 350 million euros with qualified investors from the insurance sector.10- and 12-year bonds have coupon of 3.125 percent.  Full Article

Abertis targets 2014 profit and EBITDA growth of 5 pct-Reuters
Wednesday, 26 Feb 2014 06:08am EST 

Abertis Infraestructuras SA:Abertis is targeting 5 percent growth in net profit and earnings before interest, taxes, depreciation and amortisation (EBITDA) in 2014 from a year earlier-Reuters.Net profit to reach about 650 million euros in 2014 on EBITDA of around 3.1 billion euros.FY 2014 net income 736.68 million euros-Thomson Reuters I/B/E/S Estimates.FY 2014 EBITDA 3,196 million euros-Thomson Reuters I/B/E/S Estimates.  Full Article

Abertis Infraestructuras SA to propose FY 2013 dividend
Wednesday, 26 Feb 2014 01:49am EST 

Abertis Infraestructuras SA:Proposes a complementary dividend of 0.33 euro gross per share.Dividend together with the interim dividend already paid comprise a total gross dividend for 2013 of 0.66 euro per share.Complementary dividend to be distributed in the first two weeks of April.  Full Article

S&P changes outlook for Abertis to stable-Reuters
Tuesday, 4 Feb 2014 11:36am EST 

Abertis Infraestructuras SA:Standard & Poor's has changed its outlook for Abertis to stable from negative-Reuters.S&P affirms its BBB rating of the group.  Full Article

Abertis Infraestructuras SA becomes majority shareholder in Metropistas
Monday, 3 Feb 2014 07:00pm EST 

Abertis Infraestructuras SA:Says it has acquired 6 percent of the Autopistas Metropolitanas de Puerto Rico, LLC (Metropistas) from the investment funds managed by Goldman Sachs, GS Global Infrastructure Partners II and GS International Infrastructure Partners II.Says the price of the transaction ascended to $43.6 million (32.2 million euros).Says, as a result, Abertis has reached a 51 percent of the concessionaire for the PR-22 and PR-5 toll roads in Puerto Rico and becomes the majority shareholder of the company.Says Metropistas will now be fully consolidated in Abertis' accounts.Says it is expected to contribute approximately 85 million euros in revenue and 50 million euros in EBITDA during 2014.Says the PR-22 and PR-5 toll roads are 87 kilometers in length in total.Says the 83-kilometre PR-22 connects San Juan, Puerto Rico's capital, with the city of Arecibo.Says the PR-5 is a four-kilometer extension of the PR-22 running through the San Juan metropolitan area.  Full Article

Abertis Infraestructuras SA completes sale of Codad to Fondo de Infraestructura Colombia Ashmore-FCP
Monday, 3 Feb 2014 02:20am EST 

Abertis Infraestructuras SA:Says it has completed the sale of Compania de Desarrollo Aeropuerto El Dorado SA (Codad), as well as the service contract signed between Abertis Airports and Codad to Fondo de Infraestructura Colombia Ashmore-FCP.Says the transaction was carried out through Aero Holdings SAS.Says the total price of the transaction ascended to 132,100 million Colombian pesos (48 million euros).  Full Article

Abertis Infraestructuras SA, through subsidiary, Telefonica and Yoigo complete first stage of agreement for restructuring of mobile infrastructures
Monday, 30 Dec 2013 08:02am EST 

Abertis Infraestructuras SA:Says that the company through its fully owned subsidiary, Abertis Tower SA, Telefonica SA and Yoigo, have completed the first stage of the agreement for the restructuring and rationalization of mobile passive infrastructures from Telefonica and Yoigo.Says this stage implies the acquisition of 1,741 mobile infrastructures for the amount of 171 million euros and it is part of the agreement announced on Aug. 1.Says after this transaction, equipment owned by Telefonica and Yoigo will be co-hosted in these infrastructures.Says both operators will be clients of this set of towers in the next years, and the towers will be available to any operator that may be interested.  Full Article

Abertis Infraestructuras SA's subsidiary sells exclusive control in Overon
Wednesday, 18 Dec 2013 07:13am EST 

Abertis Infraestructuras SA:Says Abertis Telecom Satelites SA, a wholly-owned subsidiary of the company, has completed the sale to group Imagina of the exclusive control in Overon (jointly controlled by virtue of Abertis’ and group Imagina’s 51 pct and 49 pct stakes respectively).Says the transaction has been closed through the initial disposal of Abertis’ 26 pct stake, for 24 million euros, and a new shareholder agreement which includes a call option for Imagina group in Overon, and a put option for Abertis in Overon over the remaining 25 pct stake.Says through this transaction, Abertis reinforces its strategy to focus on its core businesses.  Full Article

Abertis Infraestructuras SA closes sale of Luton airport to consortium formed by AENA and Ardian
Wednesday, 27 Nov 2013 11:39am EST 

Abertis Infraestructuras SA (Abertis):Says that, through TBI (a company in which Abertis owns a 90% stake and Aena Desarrollo International, the remaining 10% stake), has completed the sale of the company that holds the concession of London Luton Airport.Says this asset has been acquired by a consortium of Aena Desarrollo Internacional and Ardian.Says this transaction amounts to enterprise value of 433 million pounds(518 million euros).Says through this transaction Abertis reinforces its strategy to focus on its core businesses.  Full Article

Abertis Infraestructuras SA, Through Its Subsidiary Abertis Telecom SAU, Reaches 57.05% Stake In Hispasat From Instituto Nacional de Tecnica Aeroespacial
Tuesday, 12 Nov 2013 11:36am EST 

Abertis Infraestructuras SA (Abertis) announced that through its subsidiary, Abertis Telecom SAU, it closed the acquisition of a 16.42% stake in Hispasat from el Instituto Nacional de Tecnica Aeroespacial (INTA) on November 12, 2013. The price of the transaction ascended to EUR 172.5 million. As a result, Abertis holds a 57.05% stake in Hispasat.  Full Article

UPDATE 2-Spain's Abertis to list telecoms business, return cash

* Says will make up to 450 mln euros of cost savings (Adds market reaction, analyst quotes)

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