Atlas' Europe Motorway Group Prices 500 Million Euros in Bonds

MT Newswires Live
05-20

Atlas Arteria (ASX:ALX) said APRR, its France-based roll road network, priced an offering of 500 million euros in bonds at 99.233% of par, according to a Tuesday filing with the Australian bourse.

The bonds issued under the company's euro medium-term note program have a term of 5.6 years, will mature on Jan. 14, 2031, and carry a coupon rate of 2.875%, the filing said.

The proceeds will be used for general corporate purposes, the filing added.

The bonds are expected to settle on May 28, the company said.

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