Introducing CNA

Caisse Nationale des Autoroutes (CNA) is a financially independent public administrative agency established in 1963. Acting on behalf of France’s motorway concession-holders (i.e., operating companies), its role is to raise finance for the building and development of toll motorways. For this purpose, CNA issues debt securities on the French and international markets; it also borrows from selected financial institutions.

Organisation and missions

CNA operates under Articles R 122-6 to R 122-15 of the French Road-System Code (Code de la Voirie Routière), which includes the provisions of Decree 63-585 of 20 June 1963 amended by Decrees…

Financing Methods

After determining the eight concessionaires’ financing requirements, the operators and CNA draw up a borrowing programme. The main priority is to determine a maturity schedule that allows for each…

Board of directors

at February 23, 2017 PRESIDENT Ms. Christine BOUCHET Director of Transport Infrastructure within the Ministry for environment, energy & see _ BOARD MEMBERS Mr François CHAMPARNAUD…

Legislation and Regulations

French Road-System Code (Code de la Voirie Routière) Law No. 89-413 of 22 June 1989 (published in Journal Officiel of 24 June 1989) LEGISLATION TITLE II - NATIONAL ROAD SYSTEM CHAPTER II -…