{"id":129617,"date":"2009-12-14T00:00:00","date_gmt":"2009-12-14T00:00:00","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/press-releases\/cintra-advances-with-financing-the-north-tarrant-express-texas-through-a-400-million-bond-issue\/"},"modified":"2025-03-07T19:25:32","modified_gmt":"2025-03-07T18:25:32","slug":"cintra-advances-with-financing-the-north-tarrant-express-texas-through-a-400-million-bond-issue","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en-us\/press-releases\/cintra-advances-with-financing-the-north-tarrant-express-texas-through-a-400-million-bond-issue\/","title":{"rendered":"Cintra advances with financing the North Tarrant Express (Texas) through a $400 million bond issue"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p>Madrid, 14 de diciembre de 2009.-<\/strong> La compa\u00f1\u00eda NTE Mobility Partners LLC, participada mayoritariamente por Cintra, ha llegado a un acuerdo para emitir bonos por un importe de 400 millones de d\u00f3lares (cerca de 270 millones de euros), como parte de la financiaci\u00f3n del proyecto North Tarrant Express Managed Lanes. Este contrato consiste en la construcci\u00f3n, mantenimiento y explotaci\u00f3n de 21,4 kil\u00f3metros de la autopista North Tarrant Express, ubicada en el eje Dallas-Forth Worth (Texas, EEUU). La inversi\u00f3n requerida es de 2.000 millones de d\u00f3lares (1.360 millones de euros).<\/p>\n<p>Los bonos, emitidos bajo la modalidad de Private Activity Bond (PAB), para uso privado y exentos de impuestos, se han colocado en el mercado de bonos municipales de EEUU. La emisi\u00f3n, que cuenta con una rentabilidad media del 6,98%, representa un hito, pues es la primera vez que se utilizan bonos PAB en una concesi\u00f3n privada de carreteras.<\/p>\n<p>La emisi\u00f3n se ha instrumentado en dos bonos diferentes. Por un lado, un bono por importe de 59,8 millones de d\u00f3lares, con un cup\u00f3n del 7,5% y vencimiento final el 31 de diciembre de 2031 y, por otro, un bono por importe de 340,2 millones de d\u00f3lares, con un cup\u00f3n del 6,875% y vencimiento final 31 de diciembre de 2039.<\/p>\n<p>La emisi\u00f3n ha tenido una magn\u00edfica acogida por parte del mercado y ha sido sobresuscrita 2,4 veces. Ha sido asegurada por un sindicato de bancos liderados por JP Morgan y Merrill Lynch.<\/p>\n<p><em>El cierre de este tramo de la financiaci\u00f3n es un \u00e9xito por varios motivos. Es la primera vez que se usan PABs en una concesi\u00f3n de carreteras privada en Estados Unidos, y es la primera emisi\u00f3n de bonos desde el inicio de la crisis para una concesi\u00f3n de peaje real. Ademas, es tambi\u00e9n la primera vez que un fondo de pensiones norteamericano participa como inversor directo en una concesi\u00f3n de carreteras&#8221;, se\u00f1al\u00f3 Enrique D\u00edaz-Rato, Consejero Delegado de Cintra.<\/em><\/p>\n<p>El consorcio NTE Mobility Partners est\u00e1 encabezado por Cintra (56,7% del capital) e incluye a Meridiam (33,3%) y al fondo de pensiones Dallas Police and Fire Pension System (10%).<\/p>\n<h3><strong>Proyecto pionero<\/strong><\/h3>\n<p>El proyecto NTE es pionero en el sector de la gesti\u00f3n de autopistas y el primero managed lanes que aborda Cintra. El consorcio rehabilitar\u00e1 los carriles existentes en esa v\u00eda, que no estar\u00e1n sujetos a peaje. Adem\u00e1s, construir\u00e1 nuevos carriles con peaje para aportar capacidad adicional. El cobro ser\u00e1 totalmente electr\u00f3nico y sin barreras, lo que har\u00e1 que el tr\u00e1fico sea m\u00e1s fluido y permitir\u00e1 un mayor volumen de veh\u00edculos. El sistema tarifario ser\u00e1 din\u00e1mico y variar\u00e1 en funci\u00f3n de la demanda con el fin de ofrecer a los conductores un nivel de servicio seguro y fiable.<\/p>\n<p>Asimismo, Cintra lidera otro consorcio en Texas, en el que tambi\u00e9n participan Meridiam y Dallas Police and Fine Pension System, que en febrero de 2009 se adjudic\u00f3 provisionalmente el proyecto IH-635 Managed Lanes o LBJ Express. El consorcio trabaja ahora en el cierre financiero del proyecto, en el que prev\u00e9 una inversi\u00f3n total de 2.700 millones de d\u00f3lares. Adem\u00e1s, Cintra lidera en Estados Unidos los consorcios que gestionan Chicago Skyway, Indiana Toll Road y SH130.<\/p>\n<h3><strong>Nota<\/strong><\/h3>\n<p>Esta nota de prensa no constituye una oferta de venta valores o una solicitud de oferta para comprar valores en ninguna jurisdicci\u00f3n.<\/p>\n<h3><strong>Acerca de Cintra<\/strong><\/h3>\n<p>Cintra, filial de Ferrovial, es uno de los mayores promotores privados de infraestructuras de transporte del mundo tanto por n\u00famero de proyectos como por volumen de inversi\u00f3n. Cintra se cre\u00f3 en 1998 y gestiona 23 autopistas en Espa\u00f1a, Portugal, Irlanda, Grecia, Chile, Canad\u00e1 y Estados Unidos con m\u00e1s de 2.800 kil\u00f3metros y una inversi\u00f3n total superior a 16.000 millones de euros.<\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":67,"featured_media":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[3068,2938,2929,2818,2819,2820,3034],"nivel-5":[2827,2830],"nivel-1":[2870,3134],"nivel-3":[2802],"nivel-4":[2823],"class_list":["post-129617","press_release","type-press_release","status-publish","hentry","nivel-2-bonds-en-us","nivel-2-concessions-en-us","nivel-2-maintenance-en-us","nivel-2-managed-lanes-en-us","nivel-2-projects-en-us","nivel-2-roads-en-us","nivel-2-shareholders-and-investors-en-us","nivel-5-cintra-en-us","nivel-5-north-tarrant-express-en-us","nivel-1-construction-en-us","nivel-1-highways-en-us","nivel-3-united-states-en-us","nivel-4-texas-en-us"],"acf":[],"yoast_head":"<title>Cintra advances with financing the North Tarrant Express (Texas) through a $400 million bond issue Ferrovial<\/title>\n<meta name=\"description\" content=\"Sala de prensa Ferrovial | \u00daltimas 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