Italian construction group
Astaldi said Thursday that it was considering a 200-million-euro
capital increase.
"The share issue under consideration is aimed at
strengthening the Group's capital structure and ensuring the
Company is strongly placed to continue a comprehensive process
of long term debt refinancing, including extending maturities
beyond 2022 and reducing the cost of debt, subject to market
conditions," the company said in a statement.
"A strengthened balance sheet and capital structure, will
contribute to the consolidation of the Group's competitive
positioning also with regards to its strategy of geographical
repositioning towards lower-risk countries, as outlined in the
Strategy Plan 2017-2021".
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