Toesca – Acquisition of various assets stakes in Chile

Chilean asset manager Toesca has paid approximately EUR 110m in equity and assumed approximately EUR 330m in debt for the acquisition of minority stakes in a Sacyr portfolio of roads, an airport and a hospital. Toesca Infraestructura Fondo de Inversión has aquired 100% of Concesiones Chile NewCo, which is the holder of 49% of the shares of Sacyr’s Chilean holdco Concesiones Viales Andinas (Coviansa). Sacyr holds 51% of Coviansa post-transaction