signs a credit line of 650 million euros

Aena has signed a syndicated sustainable credit line for 650 million euros to strengthen its cash availability and meet its “corporate needs”.

This was detailed this Tuesday by CaixaBank, which has led the granting of this credit and in which Deutsche Bank, Intesa Sanpaolo, BNP Paribas, Société Générale, Bankinter and Sabadell also participate. The sustainable credit margin has been linked to the variation in Aena’s ESG (Environmental, Social and Governance) rating prepared by the MSCI sustainability agency. Depending on the variation in this rating, Aena could achieve an improvement in the margin of the credit line.

This is the second sustainable syndicated line of credit signed by Aena – which last August was awarded the management of 11 new airports in Brazil, for which it paid three times more than the minimum required in the auctionwith which it already manages 34 outside of Spain, and, according to CaixaBank, it is “one of the most relevant of the year”.

After the disruption caused by the pandemic and the consequent restrictions on mobility, Aena earned 163.7 million euros in the first six months of this year, compared to losses of 364.4 million in the same period of the previous year. Aena’s consolidated accounting net financial debt decreased to 6,984.3 million euros, compared to 7,446.3 million euros at the end of 2021. However, now, with this line of credit, it will exceed the debt at the end of 2021 and will stand at 7,635 million euros.

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