Atlas Arteria ( (AU:ALX) ) has issued an announcement.
Atlas Arteria announced the successful refinancing of €2,418 million in debt facilities for Financière Eiffarie and APRR, which includes a €918 million term loan and a €1,500 million revolving credit facility. This refinancing is expected to enhance the company’s financial position and free cash flow, with a strategic release of €200 million in cash reserves from APRR to support debt amortization payments over the next four years.
More about Atlas Arteria
Atlas Arteria is a global owner, operator, and developer of toll roads, focusing on long-term value creation for investors through disciplined management. The company operates a network of toll roads, including a significant interest in the APRR toll road group in France, as well as other toll roads in the US and Germany.
YTD Price Performance: 8.07%
Average Trading Volume: 337
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.67B
See more insights into ALX stock on TipRanks’ Stock Analysis page.