The transaction consisted of the signature of a Forward Start Facility (FSF) on the original loan which extends its maturity from the original date in May 2011 by an additional three years (50% in May 2013 and 50% in May 2014). The agreement extends FCC's debt maturity profile by reducing the percentage to be refinance...
First half results do not include the sale of FCC car parks to Mutual Madrileña for 120 million euro or the divestment by Globalvía (owned 50:50 with Caja Madrid) of its stake in Autovía del Camino. Both transactions are part of the company's strategy of asset rotation, which also has a positive impact on debt reductio...
The Cementos Portland Valderrivas group is back in the black. In the first half of 2010, it attained 109.6 million euro in EBITDA and 2.4 million euro in attributable net profit on 435 million euro in revenues.
The EBITDA margin increased to 25.2%, 2 points more than in the first quarter, basically due to attainment of ...
The jury, which was chaired by Professor Manual Núñez Encabo, underlined the close connection between FCC's volunteer programme and the objectives of the Esther Koplowitz Foundation, in particular the Foundation's retirement homes in Madrid, Valencia and Barcelona that were built at the initiative of Ms Koplowitz. The ...
The deal, which was signed by the Chairman of Mutua Madrileña, Ignacio Garralda, and his counterpart at FCC, Baldomero Falcones, covers a portfolio of 31 car parks throughout Spain, four of which are under construction and will be transferred to Mutua Madrileña once they become operational. The acquisition is part of M...