New finance for Abertis operator of toll-roads in Spain

Spanish toll-roads generate income for Abertis Credit: Cmspic Shutterstock

THE Spanish toll-road operator Abertis has to raise more funds by way of bank loans and increased bond issues as it struggles to reduce its operating costs.

Much was made of the takeover by Italian company Atlantia which is itself facing financial problems with the threat of the loss of a number of its Italian toll-roads.

Abertis is taking action to ensure that the Italian parent doesn’t call on it for additional funding and has also purchased a company in Mexico which it hopes will help cash flow.



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