Bond issues and borrowings

LOAN PROGRAM

The amount of the loans issued in 2016 for motorway concession-holding companies rose to 25 million euros, breaking down into a loan taken out from the European Investment Bank.
__
On 21th April 2016, in agreement with the beneficiary company, the CNA requested an third draw of E25M with a payout date of 09/05 on the funding line taken out with the EIB on 8 April 2013. The loan conditions were concluded as follows:
• Total term: 12 years
• Repayment: constant
• Frequency: Semi-annually
• Rate: 0.015% revisable on 09th May 2020

E115M of the budget allocated on 8th April 2013 was used up at the end of 2016.


DEBT MANAGEMENT
-  A loan of 20 millions euros agreed in 2013 at a rate of 0.523 % was adjusted to 0.032 % until 13 May 2020.