Skip to main content

Debt issues for Spanish toll road

Financial issues are now impacting heavily on Spain's Radial 4 (R-4) highway. The companies involved, Autopista Madrid Sur Concesionaria Espanola and Inversiones de Autopistas del Sur, are facing high levels of corporate debt.
September 21, 2012 Read time: 1 min
Financial issues are now impacting heavily on Spain's Radial 4 (R-4) highway. The companies involved, Autopista Madrid Sur Concesionaria Espanola and Inversiones de Autopistas del Sur, are facing high levels of corporate debt. However traffic volumes have been lower than expected, while the cost of the project has been high.

Related Content

  • New highway for Colombia with financing secured
    July 22, 2019
    A finance package has been secured for Colombia’s Pasto-Rumichaca fourth generation (4G) road project. A loan package worth US$$593.6 million from a series of backers will underscore the project. These are; the Overseas Private Investment Corporation (OPIC), Spain's credit institute Instituto de Credito Oficial (ICO), JP Morgan, MetLife, Banco Santander, Sumitomo Mitsui Banking, Mitsubishi UFJ Financial Group, Credit Agricole, and Bank of China. The project is for work to an 83km section of the route, incl
  • Nationalisation plan for Madrid motorways
    July 2, 2012
    The Spanish Ministry of Development is considering nationalising the loss-making radial motorways in Madrid through state-owned company Seittsa. The plan would involve putting in place a toll-payment system to generate revenues to pay interests on debts and maintenance of the roads. The Ministry has already detected 600 locations where remote controlled payment systems could be installed in Madrid to charge those using the roads. The same plan includes a project to nationalise all motorways in Madrid at ris
  • Chilean highway deals secured by Sacyr
    November 29, 2021
    Sacyr has secured major Chilean highway deals.
  • New Colombia highway link being built
    February 27, 2018
    A consortium of Colombian construction companies, Concesionaria Desarrollo Vial al Mar (Devimar), is to build the new in Autopista al Mar 1 highway. This 176km link is expected to cost US$790.5 million to build, connecting Medellin with Santa Fe de Antioquia. The new highway will cut journey times on the route by 20-30 minutes, boosting transport for the region. The project is complex and involves the construction of no less than 39 bridges, of which 26 will be situated between the 4.6km Tunel de