June 12, 2018 / 8:53 AM / 4 months ago

BRIEF-ACS Achieves Financial Close For 4 Bln Euro Rail Project At Los Angeles International Airport

June 12 (Reuters) - ACS Actividades de Construccion y Servicios SA:

* THE ACS CONSORTIUM (LAX INTEGRATED EXPRESS SOLUTIONS, OR LINXS) ACHIEVED FINANCIAL CLOSE FOR ITS PUBLIC-PRIVATE PARTNERSHIP (PPP) RAIL PROJECT AT LOS ANGELES INTERNATIONAL AIRPORT

* THE CONSORTIUM SUCCESSFULLY PLACED $1.3 BILLION (1.1 BILLION EUROS) WORTH OF LONG-TERM TAX-EXEMPT PRIVATE ACTIVITY BONDS (PABS) IN THE US CAPITAL MARKETS IN AN ISSUANCE THAT WAS ALMOST SEVEN TIMES OVERSUBSCRIBED

Source text: bit.ly/2HGZocq

Further company coverage: (Gdynia Newsroom)

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