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01/06/2004 -

BNP Paribas is the main arranger on a transaction for ACS-Dragados

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The Spanish company Actividades de Construcción y Servicios, SA (ACS) has acquired the construction and services company Dragados. BNP Paribas Madrid was the principal arranger of a € 900 million syndicated loan for ACS. The operation was a success, as shown by the 75% subscription rate.

This deal is the culmination of two years’ worth of follow-up by BNP Paribas’ Corporate and Investment Banking teams in Spain.