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Cintra clinches sale of its car park division

Spanish toll road firm Cintra has reached an agreement to sell its entire 99.92% stake in subsidiary Cintra Aparcamientos, S.A. (Cintra Aparcamientos) to a consortium comprising Assip, S.G.P.S. S.A., Es Concessoes, S.G.P.S. S.A., Espirito Santo Infrastructure Fund I Fundo de Capital de Risco, Transport Infrastructure Investment Company (SCA) SICAR, Ahorro Corporación Infraestructuras, FCR, Ahorro Corporación Infraestructuras 2, SCR, S.A., and Banco Espirito Santo de Investimento, S.A. The deal amounts to 451 million euro, of which approximately 51 is bank debt owed by Cintra Aparcamientos.



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