Companies

BBVA vela atardecer

BBVA places €1 billion in new twelve-year Tier 2 subordinated debt issue with seven-year redemption option

Link Securities | BBVA (BBVA) placed on Wednesday €1 billion in a new twelve-year Tier 2 subordinated debt issue with a seven-year redemption option, according to Bolsamanía.com. The price was set at mid swap + 200 basis points, lower than the starting price (mid swap + 225 basis points). BBVA points out in its press release that the market response has been significant, with demand exceeding €3 billion at times,…


iberdrola junta sanchez galan

Iberdrola included again in international FTSE4Good index

Link Securities | Iberdrola (IBE) has been included for another year in the prestigious FTSE4Good international index, designed to facilitate investments in the world’s most sustainable companies, using ESG (environment, sustainability and governance) criteria as a benchmark, the company announced yesterday. IBE has met the requirements of the committee in charge of deciding the members of the index. In this way, it complies with an increasingly demanding methodology that includes…


grifols edificio

Brookfield negotiates with banks to refinance €10 billion of debt to move forward with Grifols takeover bid

Norbolsa | Brookfield negotiates with banks to refinance €10,000 million of debt to advance in the Grifols takeover bid. Thus, the Canadian fund seeks to cover itself against a possible demand from current creditors to collect the debt before a change of hands in the ownership of the pharmaceutical company, which currently amounts to about €9,500 million.


Tesla

EMU announces plan to introduce additional 9% tariff on Tesla cars imported from China

Bankinter | The EMU announces its plan to introduce an additional 9% tariff on Tesla cars imported from China. This figure results from a downward reassessment of the preliminary number. The applied tariff varies between companies in the sector, as the EMU has considered factors such as the company’s country of origin (Chinese-owned companies receive more benefits from the government) or whether they have cooperated with the investigation to determine…


ohla torre espacio

OHLA delivers first four stations of Miami-Dade County Rapid Transit Corridor

Link Securities | OHLA (OHLA) announced on Tuesday that, through its subsidiary OHLA USA, it has completed an important milestone in the South Corridor Bus Rapid Transit (BRT) project in Florida (United States), with the delivery of the first four BRT stations of this corridor of more than 32 kilometres in length, exclusively for buses. The objective of the contract, valued at €325.9 million and awarded by the Miami-Dade County…


Talgo

Talgo could sell 20 high-speed trains to Saudi Arabia, adding around €700m to its order book

Banc Sabadell : The company’s CEO reportedly said that the company had intensified its contacts with the Medina – Mecca consortium with the aim of manufacturing and supplying 20 high-speed trains, according to press reports. According to these sources, the company and the consortium have not reached an agreement on the final price of the trains, since the costs have risen substantially from the €35 million per unit that had…


iberdrola megachuli

Iberdrola to invest €11m in renovating Onda electricity substation in Castellón

CdM | Iberdrola (IBE), through its distribution company i-DE, is to invest €11 million in the extension and renovation of the Corral del Cuervo transformer substation, located in Onda (Castellón). The remodelling of the substation will provide a greater number of 132 kilovolt (kV) line positions, which will make it possible to operate with greater flexibility in the distribution of energy in the area and improve adaptation to operating conditions,…


Técnicas Reunidas 2

Técnicas Reunidas successfully develops technologies with critical raw materials and rare earths

Link Securities | Técnicas Reunidas (TRE) has announced that it has successfully developed proprietary technologies in two areas that are currently of great strategic and geopolitical importance: critical raw materials and rare earths, according to the Bolsamanía portal. In addition, TRE has other proprietary technological developments in fields that are fundamental to the energy transition, such as carbon capture, green hydrogen production, the circular economy and biorefining. The company carries…


Fluidra piscina

Fluidra announces agreement to acquire Australia’s leading filtration systems manufacturer Chadson Engineering

Link Securities | Spanish company Fluidra (FDR), which specialises in connected pool and wellness equipment and solutions, announced on Monday an agreement to acquire Chadson Engineering, a leading designer and manufacturer of granular and regenerative filtration systems. This acquisition complements Fluidra’ s commercial pool product offering and enhances its ability to offer a wide range of solutions to customers in the Asia-Pacific region. With over 50 years’ experience and based…


Abertis reorders its shareholder's debt through its dividend policy

Abertis (ACS) awarded concession of Chile’s Ruta 5 motorway, investment of around €1,000m needed

Banc Sabadell | Abertis (~46% ACS (ACS) net minority interests and 15% of our P.O.) announced that it has been awarded the concession for the Ruta 5 Santiago-Los Vilos highway (Chile), a 223 km highway connecting the capital (Santiago) with the coastal/tourist area of Los Vilos. This is an asset that has been operating for more than 20 years (brownfield) and links the Autopista Central with the Autopista de Los…