Ferrovial - Annual Report 2009

The proposal led by Cintra selected as "Best Value Proposal" for the North Tarrant Express in Texas (29/01/2009)

The proposal presented by the consortium led by Cintra was selected by the Texas Transportation Commission as the “Best Value Proposal” for the construction, maintenance and operation of 21.4 km (13.3 miles) of the North Tarrant Express toll highway located in the Dallas-Fort Worth area of Texas (USA).

The proposal led by Cintra selected as "Best Value Proposal" for the IH-635 Managed Lanes in Texas (26/02/2009)

The proposal presented by the consortium led by Cintra was selected by the Texas Transportation Commission as the “Best Value Proposal” for the construction, maintenance and operation of 27.2 km (17 miles) of the IH-635 Managed Lanes located in the greater Dallas area of Texas (USA).

BAA submits appeal to the Competition Appeal Tribunal (18/05/2009)

BAA confirmed that it has decided to submit an appeal to the Competition Appeal Tribunal' (CAT) for the review of the Report of the Competition Commission.

Cintra closes the sale of Parking division for 451 million euro (26/06/2009)

Cintra reached an agreement to sell the Parking division for 451 million euro, of which 51 million euro corresponded to the bank debt of Cintra Aparcamientos. The operation was completed on 27 July.

Ferrovial restructures and simplifies its corporate debt structure (30/06/2009)

Grupo Ferrovial S.A. signed a loan amounting to EUR 3,300 million with a maturity of three years that unifies corporate debt and replaces several existing loans.

The Boards of Directors of Cintra and Ferrovial unanimously approve Merger (30/07/2009)

The Boards of Directors of Cintra and Ferrovial unanimously approved on 29 and 28 July 2009 respectively, the Merger of both companies.

The Ferrovial and Cintra shareholders approve the merger to create a leading manager of transport infrastructure (20/10/2009) (22/10/2009)

The Extraordinary General Meetings of Ferrovial and Cintra shareholders approve the merger of both companies. The resulting company will be called Ferrovial, S.A. and the highway assets will be transferred to the new Cintra Infraestructuras.

Gatwick Airport Sale (21/10/2009)

BAA, a subsidiary of Ferrovial', reached an agreement for the sale of London Gatwick airport to an entity controlled by Global Infrastructure Partnership. The sale price is 1.510 billion pounds (approximately 1.657 billion euro).

BAA restructuring plan (13/11/2009)

Ferrovial and its partners are launching a plan to optimize the financial structure of BAA, estimated at around 500 million pounds sterling (557.5 million euro), aimed at strengthening the capital base of the group's regulated airports located in London.

BAA places bonds for 700 million pounds (27/11/2009)

BAA successfully placed bonds worth 700 million pounds, maturing in 2026 and paying a fixed annual coupon of 6.75%.

BAA places bonds for 235 million pounds (01/12/2009)

BAA successfully placed inflation-linked bonds worth 235 million pounds, maturing in 2039 and paying a real fixed annual coupon of 3.334%.

Entry of the merger in the Mercantile Registry (03/12/2009)

The company announced the completion of the registry of the Merger of Concesiones de Infraestructuras de Transporte, S.A. and Grupo Ferrovial, S.A. in the Mercantile Registry.

Financing of NTE (17/12/2009)

NTE Mobility Partners LLC, in which Cintra holds a majority interest, has successfully completed the 2.0 billion dollar (1.36 billion euro) financing of the North Tarrant Express Managed Lanes in Texas (USA).

Dividend distribution (23/12/2009)

The Board of Directors of Ferrovial approved the payment of an interim dividend of 0.10 per share to its shareholders.

Notice of the sale of 60% interest in the Chileam toll roads (29/12/2009)

Cintra reached agreement to sell 60% of its stake in the company Cintra Chile to the Colombian ISA. The two parties have granted purchase and of sale options, respectively, for the remaining 40% of the capital. The e operation is still pending execution of the required notifications and the receipt of the relevant authorizations and registrations in Spain, Colombia, Chile and other jurisdictions where the participating entities are present.