Welcome
We are excited to introduce ourselves to you and our unique way of working together. In order to provide you with the optimal experience, how would you describe yourself?

Case Study

Pricoa Private Capital supports Audasa with refinancing of upcoming maturities

Based in Galicia, Spain, Autopistas del Atlántico Concesionaria Española, S.A. (“Audasa” or the “Company”) holds the concession for the AP-9, a 220 km highway connecting Galicia from North to South.

Case Study

Pricoa Private Capital supports Audasa with refinancing of upcoming maturities

Based in Galicia, Spain, Autopistas del Atlántico Concesionaria Española, S.A. (“Audasa” or the “Company”) holds the concession for the AP-9, a 220 km highway connecting Galicia from North to South.

At a Glance

Pricoa Private Capital’s relationship with Audasa began in 2022, when we provided €180.3 million to support the Company with a long-term refinancing under a complex market environment. Since then, we have been in contact and, in 2023, Audasa informed us that they were interested in a long-term financing to refinance upcoming bank maturities. In January 2024, Pricoa Private Capital provided a €84.9 million Senior Unsecured Loan Facility to the Company.

Audasa decided to partner with us given our i) existing, trusting relationship, ii) ability to provide long-term debt, and iii) certainty of execution.

We are very pleased to continue our partnership with Audasa and look forward to supporting the Company in the years to come. Our investment reinforces our local market presence and our ability to provide significant amounts of capital.

Relationship Since 2022
Transaction details:
  • €84,900,000 Senior Unsecured Loan Facility
Meet the Team
“Pricoa’s understanding of our needs, coupled with their unwavering commitment and expertise, made them the right partner for us. We look forward to working with them as a trusted partner over the long-term.”
José Puelles Gallo, CFO Grupo Itínere

The Full Story

Additional case studies

Client company logo
Groupe Lucien Barrière issues €95 million Senior Notes
Relationship Since 2024
See the full story
Client company logo
Multi-Currency Revolving Shelf
Relationship Since 2024
See the full story
Client company logo
Pricoa Private Capital supports acquisition of ICON Parking
Relationship Since 2024
See the full story

Meet our team

See all people
Right arrow
Jose Ortiz headshot
Jose Ortiz
Senior Principal
+34.917.898.242
Email
Spain & Portugal
Right arrow
Federico Chiaramonte headshot
+1.862.361.4927
Email
Infrastructure

Perspectives

Learn More
You might also like