Graña y Montero S.A.A. prepays US$ 150 million Medium Term Loan
02 October 2013 - 7:20AM
Business Wire
Graña y Montero S.A.A. (“Graña y Montero” or “the Company”), the
engineering and construction Peruvian company recently listed in
the New York Stock Exchange, announced the prepayment of a
syndicated loan provided by a group of twelve financial
institutions, for a total amount of US$ 150 million, where BBVA
Bancomer S.A., Institución de Banca Multiple, Grupo Financiero BBVA
Bancomer acted as Administrative Agent and BBVA Continental acted
as Collateral Agent.
The Company entered into this credit agreement on February 27,
2013 for a period of five years. The proceeds of such loan were
used, mainly, to fund GyM Ferrovías S.A., concessionaire for Line 1
of the Lima Metro.
About Graña y Montero S.A.A.
Founded in 1933, Graña y Montero is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange since 1997 and now also the NYSE. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 80 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, which is
specialized in electric services, with operations in Chile, Peru
and Colombia.
Graña y Montero is listed in the NYSE under ticker symbol “GRAM”
and in the Lima Stock Exchange under ticker symbol “GRAMONC1”.
Graña y Montero S.A.A.Juan Jose Arrieta, 511-213-6598Corporate
Communications & Social Responsibility
Officerjarrieta@gym.com.peorDennis Gray F., 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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