BBVA Corporate & Investment Banking has acted as joint bookrunner on the debt two issues launched by Astaldi: a 500 million Euro deal at a yield of 7.125% and an additional issuance of 100 million Euro at a yield of 6.716%, for a total 600 million Euro transaction.

The aforementioned Senior Notes, due on 2020, were launched on November 27th and December 2nd, respectively.
 
By tapping the capital markets, the international construction company with a significant presence in Italy has been able to consolidate a significant portion of its existing indebtedness thus optimizing its financial structure.
 
BBVA acted also as Mandated Lead Arranger (MLA) and Bookrunner of a Bridge to High Yield Bond Facility granted to Astaldi in May 2013. 
 
This is the second Italian company that has trusted BBVA to launch its debt issuance in two weeks in a row, after the Finmeccanica's 700 million Euro debt issue.