APRR and Financière Eiffarie Secure €2.4 Billion in Banking Facilities

APRR and Financière Eiffarie have successfully refinanced their credit lines first established in 2020 with a new total of €2.4 billion. This transaction was notably oversubscribed by 35% and involved 17 relationship banks. The agreement comprises two distinct credit lines without financial covenants: APRR's revolving credit line, now at €1.5 billion down from €2 billion thanks to increased cash reserves, aimed at general corporate purposes, remains unused to date ensuring liquidity. Financière Eiffarie's term credit facility maintains its initial amount of €0.9 billion, replacing the previous line and scheduled for amortisation starting in 2025.

This agreement spans five years with options for further extensions, aligning with the Group's proactive liquidity strategy. It follows Eiffage's €2 billion refinancing completed earlier this year, reflecting the banks' continued confidence in the Group. Eiffage holds solid financial standings, with top ratings by Fitch and S&P for its primary entities, including APRR.