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Asfinag Bond: The Motorway Operator Picked Up 1.3 Billion Euro

Published: September 14, 2010; 14:42 · (Vindobona)

The local motorway operator Asfinag picked up 1.3 billion euro on the capital market.

Asfinag Bond: The Motorway Operator Picked Up 1.3 Billion Euro / Picture: © Asfinag

The paper was apparently well received. According to Asfinag only 50 minutes were necessary to place 900 million euro with the investors.

The opportunity was taken up primarily by institutional investors, such as German and French banks and insurance companies.

The bond of the company runs over 15 years, with an interest rate of 3.5%.

Asfinag has raised its forecast…

This article includes a total of 180 words.

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