Atlantia puts its bond issue program in order. In recent weeks, the company's board of directors approved a new program of medium and long-term non-convertible bond issues up to a maximum of three billion euros. The issues can be carried out in one or more tranches by the end of 2018, can also be issued in currencies other than the single currency and will be reserved for institutional investors.
The new issuance program is also accompanied by a restructuring of the debt of the subsidiary Autostrade per l'Italia (Aspi): Atlantia, in fact, will transfer its 5,5 billion euro of bond issues placed between 2004 and 2014 to Aspi. Technically , Therefore, Aspi will become "the principal", as explained in the minutes of the Autostrade per l'Italia board of directors, taking on the debt of the parent company.
