Webuild Extends Debt Maturities with Heavily Oversubscribed €500 Million Bond

The latest announcement is out from Webuild SpA ( (IT:WBD) ).

Webuild SpA has reinforced its position in international capital markets by completing a €500 million bond issue due 2032 and a related tender offer for its 2027 notes, repurchasing about half of the outstanding nominal value. The transaction, conducted after the group exceeded its 2023–2025 Business Plan targets and secured a double BB+ rating, drew record demand of €2.5 billion from over 250 mostly international investors, allowing Webuild to upsize the deal and tighten pricing.

Proceeds and liability management measures significantly extend Webuild’s debt maturity profile, pushing more than 90% of maturities to September 2028 and beyond while keeping over 95% of its debt at fixed rates and preserving its average funding cost. The deal, achieved in a volatile macroeconomic environment, underpins investor confidence in the company’s credit profile and supports its role as a leading contractor for complex, sustainability-linked infrastructure projects, recently highlighted by its inclusion in TIME’s list of the 100 most influential companies.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR3.40 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

More about Webuild SpA

Webuild SpA is a global leader in constructing large, complex infrastructure, with a focus on sustainable mobility, hydropower, water treatment and supply, and green buildings. Active in about 50 countries, it has delivered thousands of major projects worldwide and is recognised as a top contractor in water infrastructure, with most of its construction backlog aligned to UN Sustainable Development Goals.

Average Trading Volume: 3,942,727

Technical Sentiment Signal: Hold

Current Market Cap: €2.76B

See more data about WBD stock on TipRanks’ Stock Analysis page.