Astaldi announces that the SPV Metro 5 S.p.A. has signed a EUR 580 million loan contract to refinance and complete Line 5 of the Milan Underground. The operation consists of a EUR 430 million bank loan and the issuance of a EUR 150 million project bond, both coming due in 2035. It is an innovative operation that sees, for the first time in Italy, the combination of credit lines with a project bond, as provided for by recent regulations.
An ordinary session of the Shareholders’ Meeting of Astaldi S.p.A. met today to examine and approve the Annual Financial Statements at 31 December 2014, in the terms proposed during the meeting of the Company’s Board of Directors held on 10 March. The Shareholders’ Meeting also examined the 2014 Consolidated Financial Statements, which closed with a net profit of EUR 81.6 million (+21% YOY). Following the results achieved and confirming the proposal put forward by the Board of Directors on 10 March 2015, the Shareholders’ Meeting approved the distribution of an increased dividend of EUR 0.20 per share, which will be disbursed on 13 May 2015 (ex-dividend date 11 May 2015, record date 12 May 2015).