Ferrovial prices €500m bond due 2032 at 3.625%
Ferrovial SE has priced a new bond issuance of 500 million euro maturing on 18 September 2032.
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Rhea-AI Filing Summary
Ferrovial SE has priced a new bond issuance of 500 million euro maturing on 18 September 2032. The bonds carry a fixed annual coupon of 3.625% and were priced at 99.788% of their nominal value.
Closing and payment are expected on or about 18 March 2026, subject to customary conditions. Ferrovial expects to raise net proceeds of approximately 496.94 million euro, which are intended for general corporate purposes. Application has been made for admission of the bonds to the official list and trading on Euronext Dublin.
Insights
Ferrovial locks in long‑dated euro funding at 3.625% for general use.
Ferrovial has priced a 500 million euro bond with a fixed coupon of 3.625%, maturing on 18 September 2032. The issue price of 99.788% implies a small discount to nominal, typical for investment-grade style placements.
The company expects net proceeds of about 496.94 million euro, earmarked for general corporate purposes, giving flexibility to support operations, refinancing, or investment. Admission to the Official List and trading on Euronext Dublin would enhance secondary market liquidity once settlement occurs around 18 March 2026, assuming customary conditions are satisfied.
FAQ
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What type of bonds has Ferrovial (FER) issued and in what amount?
What is the coupon rate and maturity date of Ferrovial’s new bonds?
At what price were Ferrovial’s 500 million euro bonds issued?
How much net proceeds will Ferrovial (FER) receive from the bond issuance?
When is the closing of Ferrovial’s new bond issuance expected?
On which exchange will Ferrovial’s new bonds be listed?
AI-generated analysis. How Rhea-AI works. Not financial advice.