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Obrascon Huarte Lain (50ML)

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Friday 19 February, 2010

Obrascon Huarte Lain

Clarification to published ne

RNS Number : 4151H
Obrascon Huarte Lain, S.A.
19 February 2010
 



London Stock Exchange

 

Madrid, February 19th 2010

 

 

Ref.: Notification of Significant Event: Clarification to Published News

 

 

Dear Sirs,

 

 

The Company, OBRASCON HUARTE LAIN, S.A. (OHL), in compliance with current legislation, hereby reports the following Significant Event:

 

In reference to the news published in the press, about the issuance of bonds by concessionaire companies controlled by our subsidiary, OHL Brasil, we confirm that under the scope of the financial plan foreseen to finance its highways, OHL Brasil is aiming to issue bonds for 1.1 billion brazilean reais through the four concessionaire companies of the State of Sao Paulo in Brazil. The issuance is pending the authorization of the CVM (Comisión Valores Mobiliarios) and is guaranteed by the underwriters.

 

This issuance is embodied within the Group's usual long term financial policies.

 

Yours faithfully,

 

 

José María del Cuvillo Pemán
Vice-Secretary of the Board of Directors
 

 


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