Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Atlas Arteria ( (AU:ALX) ).
Atlas Arteria announced that its subsidiary APRR has successfully priced €500 million in Eurobonds under its Euro Medium Term Note Programme. The bonds, with a 5.6-year term and a 2.875% coupon, will mature in January 2031, and the proceeds will be used for general corporate purposes. This issuance reflects strong market confidence in APRR and enhances its liquidity position, indicating a positive impact on the company’s financial stability and market standing.
The most recent analyst rating on (AU:ALX) stock is a Hold with a A$5.66 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, with interests in significant motorway networks and toll roads, including a 30.8% interest in the APRR network in France and full ownership of the Warnow Tunnel in Germany.
YTD Price Performance: 14.45%
Average Trading Volume: 2,321,030
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.57B
Learn more about ALX stock on TipRanks’ Stock Analysis page.