OHLA, global infrastructure group, has reached an agreement with the financial institutions participating in the group’s syndicated bank guarantee facility. This agreement is subject to approval by their respective committees later this week, providing the necessary guarantees for the development of their business. The company thus culminates a process led by the reference shareholders, brothers Luis and Mauricio Amodio, fulfilling the roadmap announced at the beginning of the summer.

The company has also reached an agreement in principle with the Ad Hoc Group of bondholders, representing 33% of the bonds issued by OHLA. This agreement in principle is subject to the execution of a Lock Up Agreement reflecting the agreements reached, which the parties are already working on, and will soon be submitted to the rest of the bondholders for their adherence.

Both resolutions are conditional upon the implementation of a capital increase, which will be submitted to the shareholders for approval at the Extraordinary General Shareholders’ Meeting to be held on October 22. This process will allow the company to strengthen its financial structure and meet its short-term debt obligations.

OHLA will continue to inform the market on the progress of the recapitalization process. The specific details of the agreements have been submitted to the CNMV in compliance with current regulations.