Ferrovie dello Stato Italiane and Intesa Sanpaolo signed a Euro 300 million loan agreement with a 2 years tenor, the proceeds will be earmarked to Trenitalia.
Ferrovie dello Stato Italiane and UniCredit signed a Euro 300 million loan agreement with a 3 years tenor, the proceeds will be earmarked to Trenitalia and RFI.
FS Italiane closed a new private placement with Eurofima, which subscribed Euro 200 million floating rate note due on 20 May 2030.
The FS Italiane shareholders’ meeting approved the Ferrovie dello Stato Italiane SpA Financial Statement for FY 2019, with a profit of 226.7 million euros, together with by the Consolidated Annual Financial Report of the FS Group with 12.4 billion of revenues, net profit of 584 million and EBITDA equal to 2.6 billion.
On 11 May 2020, the ILSA consortium, composed of Trenitalia and Air Nostrum, signed the Framework Agreement with ADIF Alta Velocidad, the Spanish Railway Infrastructure Manager, for operating the high-speed services between Madrid-Barcelona, Madrid-Valencia/Alicante and Madrid-Malaga/Seville.
Mirroring Italy’s rating downgrade made by Fitch on April 28st, today the Agency downgraded Ferrovie dello Stato Italiane’s Long-Term Issuer Default Rating to 'BBB-' from 'BBB', as a consequence of the criteria applicable to Ferrovie’s rating.
FS Italiane closed a new private placement with Eurofima, which subscribed Euro 200 million floating rate note due in October 2034.
FS' Board of Directors approved the new issue of debt through bonds and other funding instruments for a maximum amount of 1 billion and 780 million of euro. The proceeds will finance the FS Group capex for 2020.
The Ferrovie dello Stato Italiane Board of Directors approved today the company’s annual financial report, including the consolidated financial statements of the Group as of 31st December 2019.
FS Italiane issued two private placements (series 12 e series 13) off the 7 billion EMTN Programme listed on the Irish Stock Exchange and updated in London on 17 December 2019.