Lisea €2.2 billion debt refinancing

Overview:

• Lisea, a subsidiary of Vinci Concessions, operating the South Europe Atlantic high-speed rail line, has refinanced €2.2 billion of its debt.
• The transaction includes a €1.3 billion bank loan maturing over 27 years, and two fixed-rate tranches from institutional investors valued at a total of €905 million and maturing over 30 and 35 years.
• The refinancing will finance the construction of the rail line between Tours and Bordeaux.

Laura Mendes - Researcher