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FCC signs 1.225 billion euro syndicated loan with 11 banks

08/05/2008

FCC signs 1.225 billion euro syndicated loan with 11 banks

FCC today signed a 1.225 billion euro syndicated loan with 11 banks; the 3-year loan may be extended by two years.

The transaction is part of the FCC Group's general financing policy. The funds will be used for the FCC Group's corporate needs and will enable it to retain a sufficient volume of funding for future development of the Group with a longer-term debt profile.

The banks in the syndicate are: La Caixa, BBVA, Santander, Banesto, Barclays, Caja Madrid, Fortis, ICO, Sabadell, Société Générale and Popular.