Eix Diagonal Concludes Major Refinancing
Deal News | Mar 11, 2025 | Federated Hermes Ltd
Federated Hermes Ltd., in collaboration with ACS Group, successfully completed the refinancing of its toll road portfolio, which includes the Eix Diagonal, Spain's largest shadow toll road concession. This financial restructuring aims to enhance the portfolio's efficiency and long-term value. The move underscores the strategic partnership between Federated Hermes and ACS Group in the infrastructure sector.
Sectors
- Infrastructure
- Financial Services
Geography
- Spain – The toll road portfolio and the Eix Diagonal concession are located in Spain, making it the central geographic focus of the article.
Industry
- Infrastructure – The refinancing of the toll road portfolio falls squarely within the infrastructure sector, illustrating essential financial restructuring in transport.
- Financial Services – The transaction involves significant refinancing work, which is a key aspect of financial services provided by firms like Federated Hermes Ltd.
Financials
- Not specified – The article does not specify the financial figures involved in the refinancing.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Federated Hermes Ltd. | PE Firm involved in refinancing | Company | Federated Hermes Ltd. is a global investment manager engaged in the financial restructuring of the Spanish toll road portfolio. |
| ACS Group | Infrastructure and construction company participating in the refinancing | Company | ACS Group is a major player in the infrastructure sector, collaborating with Federated Hermes on the toll road portfolio refinancing. |
| Eix Diagonal | Largest concession in the toll road portfolio | Other | Eix Diagonal is the primary asset in the Spanish shadow toll road portfolio, subject to the completed refinancing. |