Contact for press

You can contact us by:

Rocio Castro. Communication Department.

Media Kit

Follow us on:

Keep up-to-date on the latest at the Abengoa website:


Telvent Secures Funding to Refinance Debt and Working Capital

March 23, 2010

March 23, 2010 – Telvent (NASDAQ: TLVT), the IT company for a sustainable and secure world, announced today that the Company has signed € 170 million in senior unsecured syndicated facilities. The syndicated facilities are distributed over two tranches:

  • Tranche A: a € 100 million 3+1-year Amortizing Term Loan
  • Tranche B: a € 70 million 3+1-year Revolving Credit Facility

The purpose of Tranche A is to refinance existing bank debt and general corporate purposes, while Tranche B is used to refinance partially the working capital facility currently provided by former majority shareholder Abengoa, S.A"

The syndicated facilities have been partially underwritten by Barclays Capital and ING Bank N.V. acting as Bookrunners together with Caja Madrid and La Caixa, while The Royal Bank of Scotland has acted as Mandated Lead Arranger. General syndication is expected to be launched in due course.

ING has acted as Sole Coordinator and Financial Advisor of Telvent in this transaction.

“We are very pleased to sign these new syndicated financing mechanisms,” said Manuel Sanchez, Telvent Chairman and CEO. “They provide our organization with important flexibility in refinancing parts of our operation.”

About Telvent

Telvent (NASDAQ: TLVT) is a global IT solutions and business information services provider that improves the efficiency and reliability of the world’s leading companies. Telvent serves markets critical to the sustainability of the planet, including the energy, transportation, agricultural and environmental sectors. (

Investor Relations Contact

Barbara Zubiria

Tel. + (1) 301 354 4680


Communications Department Contact

Patricia Malo de Molina

Tel. +34 954 93 71 11


Share this news

© 2019 Abengoa. All rights reserved