London orbital motorway refinanced for US$1.2 billion

Date July 25, 2018

Type Projects

Subtype Financial close

Countries UK (United Kingdom)

Subsectors Road

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It has been recently announced that Connect Plus, the project company that manages the M25 motorway around London, has priced a 21-year fixed-rate bond refinancing for £893 million (US...

Related updates

▶A public bond for the refinancing of the project is expected to be launched on 13 July, subject to resolution of a number of commercial issues
▶It has emerged that the project will be refinanced through public bonds
▶Balfour Beatty announces the sale of a 5% stake in Connect Plus to Equitix

Related projects

▶M25 orbital motorway concession in Greater London

Related companies

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London orbital motorway refinanced for US$1.2 billion

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