ASF: New eur 1,785,000,000 5-year syndicated credit facility

23 July 2012 - Finances

VINCI announces the successful signing of a new EUR 1,785,000,000 5-year syndicated credit facility for Autoroutes du Sud de la France SA (ASF).

The facility closed more than 1.5 times oversubscribed, illustrating the continued confidence in ASF’s credit quality and financial solidity.

The new facility will be used for general corporate purposes and replaces ASF’s existing EUR 2 billion revolving credit facility maturing in December 2013.

In line with the Group’s prudent liquidity management, this transaction will lengthen the average maturity of ASF’s available financing.

The final syndicate is :

Mandated Lead Arrangers, Bookrunners and Coordinators:
Bank of Tokyo-Mitsubishi UFJ, Ltd.
Crédit Agricole Corporate and Investment Bank
HSBC France
Natixis
Société Générale Corporate & Investment Banking

Mandated Lead Arrangers:
Banco Bilbao Vizcaya Argentaria S.A.
Crédit Lyonnais

Mandated Lead Arrangers and Bookrunners:
Barclays Bank PLC
BNP Paribas
Commerzbank Aktiengesellschaft
Crédit Mutuel-CIC Group représenté par:
Crédit Industriel et Commercial
Banque Fédérative du Crédit Mutuel
ING Bank
Lloyds Banking Group
Mizuho Corporate Bank
Royal Bank of Canada
The Royal Bank of Scotland plc
UniCredit

About ASF
Transport infrastructure operator Autoroutes du Sud de la France is a subsidiary of VINCI, the world’s leading integrated concession-construction group. ASF was founded in 1957 and currently operates a 2,633 km network, with an additional 81 km under construction, giving its concession a total length of 2,714 km

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.