Pedemontana Veneta launches bond of 1.57 billions euros

17 May 2018

Superstrada Pedemontana Veneta has completed the bond issue transaction in two tranches to finance the construction of the Pedemontana Veneta toll road between the cities of Vicenza and Treviso. The total amount of € 1,571 billion will be used to cover construction costs, financing costs, expected costs, tax expenses, expected costs during the construction phase and other costs associated with the project.

For Matterino Dogliani, president of the Sis Consortium, “This issue is one important victory for the Italian System and in particular for the Veneto Region that has always shown a full support to the realization of the work. The bonds were mainly subscribed by leading international investors, demonstrating the attention of foreign markets to infrastructure investments in our country”.

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