OHLA Secures €150 Million Capital Increase with Alantra's Expertise
Deal News | Feb 07, 2025 | Finance Community ES 2 - Corporate M&A

OHLA, a global infrastructure operator, successfully executed a €150 million capital increase on the Madrid Stock Exchange, facilitated by Alantra and other joint bookrunners. The transaction was structured as a restricted capital increase in December 2024 followed by a rights issue between January and February 2025. It garnered significant investor interest and was notably oversubscribed, attracting anchor investors such as Mr. José Elías, alongside OHLA employees and other institutional investors. Alantra collaborated closely with OHLA and its fellow bookrunners to optimize the offer structure and engage effectively with the investor community, having contacted over 150 local and international investors through PDIE and a comprehensive roadshow, and distributed research reports to more than 1,000 investors. Andr Pereira from Alantra expressed pride in supporting OHLA's venture, emphasizing how the transaction enables the company to embark on a new growth phase, providing a clean capital structure and financial resources to implement its business plan. The successful operation highlights OHLA’s robust business strategy and the team's exceptional work. As the first ECM (Equity Capital Market) deal priced in Spain for 2025, it is expected to serve as a catalyst for increased ECM activity this year.
Sectors
- Infrastructure
- Financial Services
- Equity Capital Markets
Geography
- Spain – OHLA's capital increase took place on the Madrid Stock Exchange, highlighting the Spanish financial market's involvement.
Industry
- Infrastructure – OHLA operates within the global infrastructure sector, focusing on developing and managing infrastructure projects worldwide.
- Financial Services – Alantra, as a joint bookrunner, is part of the financial services sector, providing expertise in capital market transactions.
- Equity Capital Markets – The transaction involves an Equity Capital Market (ECM) activity, specifically a capital increase and rights issue executed on the Madrid Stock Exchange.
Financials
- €150 million – The total amount raised by OHLA through the capital increase.
Participants
Name | Role | Type | Description |
---|---|---|---|
OHLA | Target Company | Company | OHLA is a global infrastructure operator engaging in a €150 million capital increase transaction. |
Alantra | Joint Bookrunner | Company | Alantra acted as a joint bookrunner for OHLA’s capital increase activity in the market. |
Josè Elías | Anchor Investor | Person | José Elías participated as an anchor investor in OHLA’s capital increase. |
OHLA Employees | Investors | People | Employees of OHLA participated in the investment, indicating internal company support. |