Radar > 229250

Empresas ICA analyzing use of Fibra E to monetize assets for up to USD 2.4bn

Empresas ICA estudia utilizar Fibra E para monetizar activos por hasta USD 2.400m

Intel ID : 229250
Synopsis

Empresas ICA (NYSE:ICA), a Mexico-based construction company, is analyzing the use of Fibra E, the Mexican government's REIT (see related intel), to monetize assets for up tp USD 2.4bn, reported Reuters Latin America on 10 September, 2015.

Currently, the company has a package of mature assets, including airports and roadways, as well as hydrological and energy projects underway, which would be susceptible to being monetized through Fibra E.

ICA, which has a high leverage level, is in the process of selling assets to repay debt (see related intel).
(content in spanish)

La constructora mexicana Empresas ICA (NYSE: ICA) analiza la opción de utilizar Fibra E, Fideicomiso de Inversión en Bienes Raíces del Gobierno de México (ver Intel relacionado), para monetizar activos por hasta USD 2.400m, según ha publicado el diario Reuters el 10 de septiembre de 2015.

La empresa cuenta actualmente con un paquete de activos maduros que incluye aeropuertos y carreteras, además de proyectos hídricos y de energía aún en proceso, que serían susceptibles de ser monetizados a través de Fibra E.

La firma, que tiene un elevado nivel de apalancamiento, está en proceso de vender activos para pagar su deuda (ver Intel relacionado).

Seller


Intel ID 229250
Value EUR 2.145,73m (Approx.)
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Empresas ICA
(31 Dec 2016)
Revenue: EUR 935,99m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Seller

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Infrastructure / Roads and Highways
Primary Sector (TTRSC)
35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

Secondary Sectors (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.