Obbligazioni societarie Abengoa XS0498817542 XS1048657800 XS1219438592 XS1113021031

Abengoa again included in the prestigious FTSE4Good Sustainability Index
August 20, 2015
•Recognized again by the FTSE4Good sustainability index for its environmental, social and corporate governance practices.
August 20, 2015.- Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has once again been included in the sustainability index Financial Times Stock Exchange (FTSE) 4Good, recognizing its excellence in environmental, social and corporate governance practices. The assessment for inclusion in the index is made from the analysis of public information from the companies and through an extensive range of sustainability factors and indicators.
Abengoa’s active participation in initiatives related to combating climate change, and its presence in social responsibility indices underlines the importance the company attaches to management excellence and to align the company’s policies with the needs and interests of people and groups that are committed to sustainable development.
FTSE4Good is a benchmark index for investors around the world not only aiming at reassuring their profit, but also at ensuring they are investing in reliable companies.
Abengoa’s inclusion in this index, in which has been present seven years, consolidates the company as one of the global leaders in developing policies for environmental management and climate change, human rights, management of labor social responsibility, good governance and the fight against corruption.
During this time, Abengoa has been recognized by other indices, such as the Carbon Disclosure Project, of which it has been a member since 2008, or the Ethibel Sustainability Index Excellence Europe. Finally, the company is part of the the Nasdaq OMX Green Economy index since 2012.
About Abengoa
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB) applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from renewable resources, converting biomass into biofuels and producing drinking water from sea water.
 
Ultima modifica:
Abengoa inclusa nell'indice FTSE4Good Sustainability Index

August 20, 2015.- Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has once again been included in the sustainability index Financial Times Stock Exchange (FTSE) 4Good, recognizing its excellence in environmental, social and corporate governance practices. The assessment for inclusion in the index is made from the analysis of public information from the companies and through an extensive range of sustainability factors and indicators.
Abengoa’s active participation in initiatives related to combating climate change, and its presence in social responsibility indices underlines the importance the company attaches to management excellence and to align the company’s policies with the needs and interests of people and groups that are committed to sustainable development.
FTSE4Good is a benchmark index for investors around the world not only aiming at reassuring their profit, but also at ensuring they are investing in reliable companies.
Abengoa’s inclusion in this index, in which has been present seven years, consolidates the company as one of the global leaders in developing policies for environmental management and climate change, human rights, management of labor social responsibility, good governance and the fight against corruption.
During this time, Abengoa has been recognized by other indices, such as the Carbon Disclosure Project, of which it has been a member since 2008, or the Ethibel Sustainability Index Excellence Europe. Finally, the company is part of the the Nasdaq OMX Green Economy index since 2012
 
August 20, 2015.- Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has once again been included in the sustainability index Financial Times Stock Exchange (FTSE) 4Good, recognizing its excellence in environmental, social and corporate governance practices. The assessment for inclusion in the index is made from the analysis of public information from the companies and through an extensive range of sustainability factors and indicators.
Abengoa’s active participation in initiatives related to combating climate change, and its presence in social responsibility indices underlines the importance the company attaches to management excellence and to align the company’s policies with the needs and interests of people and groups that are committed to sustainable development.
FTSE4Good is a benchmark index for investors around the world not only aiming at reassuring their profit, but also at ensuring they are investing in reliable companies.
Abengoa’s inclusion in this index, in which has been present seven years, consolidates the company as one of the global leaders in developing policies for environmental management and climate change, human rights, management of labor social responsibility, good governance and the fight against corruption.
During this time, Abengoa has been recognized by other indices, such as the Carbon Disclosure Project, of which it has been a member since 2008, or the Ethibel Sustainability Index Excellence Europe. Finally, the company is part of the the Nasdaq OMX Green Economy index since 2012
Abengoa Credit-Linked Note Sales Surge to 15-Month High (1)
2015-08-21 07:35:22.439 GMT

By Yakob Peterseil and Katie Linsell
(Bloomberg) -- Abengoa SA’s credit-default swaps were packaged into more structured notes in July than at any time in
15 months as the cost of insuring the Spanish renewable energy company’s debt surged.
Societe Generale SA, Credit Suisse Group AG and BNP Paribas SA sold $22.7 million of the credit-linked notes last month, paying an average coupon of 16.8 percent,
according to data compiled by Bloomberg. Banks have sold $62.6 million of the notes this year, the data show.
Investors are seeking to profit from Abengoa’s default-swap prices, which climbed to records this month after the company said its free cash-flow would be less than
it previously forecast. The swaps also pay more than its bonds in part because they insure some securities with weaker guarantees, according to Felix Fischer, a credit
analyst at independent research provider Lucror Analytics in Singapore.
“Abengoa’s credit-default swaps trade much wider than the bonds,” Fischer said. “That’s made it attractive to issue credit-linked notes tied to the swaps.”
Credit-linked notes are securities that use derivatives tied to the performance of a company or country’s debt and offer higher yields and maturities that may not
be available in the bond market. Investors suffer losses if there’s a default for either the bank issuing the note or the reference entity.
London-based spokesmen Murray Parker at Societe Generale, Adam Bradbery at Credit Suisse and Andrew Achimu at BNP Paribas declined to comment on the note sales.
Swaps sellers demand 6.8 million euros ($7.7 million) in advance and 500,000 euros annually to protect 10 million euros of Abengoa’s debt for five years, signaling
a 96 percent probability of default within that time, according to CMA. They exceed the yield premium on Abengoa’s bonds, according to data compiled by Bloomberg, making
a relationship known as a positive basis.

Bond Gap

“The gap between the swaps and the bonds prices is bigger than what is normal,” Abengoa’s Chief Executive Officer Santiago Seage said in an interview with Bloomberg
News in June. “We are analyzing if there is something we can do to close the gap or if it is just a question of showing improved results quarter after quarter.”
The company said last month it would change guarantees on its convertible and exchangeable notes to match its high-yield securities because the discrepancy was causing
distortions in the cost of insuring its debt. The move failed to lower swaps prices, which instead rose to signal a record 97 percent probability of default within five
years on Aug. 12 from 65 percent in January, according to data compiled by CMA.

Shorter Maturity

Abengoa’s warning on free cash-flow added to concern it doesn’t have enough liquidity to service consolidated gross debt of 9.8 billion euros, and Abengoa’s subsequent
plan to raise capital and sell assets failed to convince investors.
With credit risk rising investors are seeking shorter-dated credit-linked notes. The average maturity of the securities sold this year was 26 months, compared with
five years for those issued in 2014, the data show.
Notes linked to other high-yield companies and indexes have also picked up as measures to stimulate the economy suppress bond yields in Europe. Sales of securities
linked to the Markit iTraxx Crossover index jumped 22 percent this year to $946 million, according to data compiled by Bloomberg.
 
Abengoa will build a new port terminal in Uruguay

August 24, 2015– Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the company that
applies innovative technology solutions for sustainability in the energy
and environment sectors, has been awarded the construction of the new port
terminal located in Capurro, Montevideo.
This project aims at having an exclusive area for the transfer and
re-embarkation of fishery products to major international markets and in
turn relieve the central docks of the port, seen the increasing activity.
Abengoa, with a 50% stake in the winning consortium, will be responsible
for drawing up the final design and construction of approximately 1,000
meters of quays for industrial fishing vessels, with the corresponding
protection, berthing and defense works. Also, it will fill an area of 2.5
hectares, and will carry out the paving, drainage, power distribution of
drinking water and fuel, as well as the dredging of the basin and its
final location against the promenade, on an area up to 20 hectares. In
this latter work, stands out the use of geocontainer technology.
The engineering works are expected to begin in the fourth quarter of 2015,
with a deadline of nine months for the drafting and 30 months for its
execution. Direct work for 140 people is foreseen.
The implementation of this project is aligned with the company's
diversification strategy and reaffirms Abengoa's leadership in the
Uruguayan market, where it has been participating for 35 years in major
projects in the country. The company's experience in the execution of
major infrastructure projects stands out.
 

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