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Atlas Arteria ( (AU:ALX) ) just unveiled an announcement.
Atlas Arteria announced that Chicago Skyway has successfully priced US$325 million in notes through the US Private Placement market, divided into two tranches with maturities in 2038 and 2041. This transaction, which will not increase incremental debt, aims to repay existing notes maturing in February 2026, thereby strengthening Chicago Skyway’s balance sheet and extending its average debt maturity, while maintaining its S&P credit rating at BBB.
The most recent analyst rating on (AU:ALX) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Atlas Arteria stock, see the AU:ALX Stock Forecast page.
More about Atlas Arteria
Atlas Arteria is a company that partners to deliver world-class road experiences, focusing on creating long-term value through disciplined management and sustainable practices. The company operates toll road businesses in France, Germany, and the United States, including interests in the APRR network in France, the Chicago Skyway and Dulles Greenway in the U.S., and the Warnow Tunnel in Germany.
YTD Price Performance: 9.39%
Average Trading Volume: 2,109,393
Technical Sentiment Signal: Hold
Current Market Cap: A$6.96B
Learn more about ALX stock on TipRanks’ Stock Analysis page.