Modern building with a glass facade and large letters that say OHLA.
LIFESTYLE

OHLA, With Tomás Ruiz as CEO, Completes Its Capital Increase

OHLA secures strong market support, reaching the maximum amount anticipated

OHLA, a global infrastructure company led by Tomás Ruiz, has successfully completed its capital increase. The Group has reached the target amount of 150 million euros, the maximum expected, closing the rights issue with a significant oversubscription.

This is a milestone that meets the objectives of the Recapitalization Plan presented by the company last summer and approved at the Extraordinary Shareholders' Meeting on October 22. With this operation, OHLA strengthens its financial and operational structure, ensuring the continuity of its growth strategy in the main markets where it operates.

Tomás Ruiz, General Director of OHLA, highlighted that this increase represents a key step in the consolidation of the company within the infrastructure sector. The oversubscription of the offer reflects the confidence of investors and shareholders in the strength of the company's business plan, which will allow for greater stability in the execution of strategic projects globally. He also emphasized that the success of this operation confirms the solidity of OHLA's business model and its ability to generate long-term value.

Among the immediate benefits of this recapitalization, OHLA has achieved the return of existing guarantees in favor of the Banks, a milestone that had not been reached in the last six years. Additionally, it has secured the incorporation of new investors, extended the debt maturity until December 31, 2029, with no intermediate maturities, and certain terms and conditions of the Bonds have been made more flexible.

The operation has received strong support from key shareholders, new investors, relationship banks, bondholders, and company employees, who have demonstrated their commitment to OHLA by subscribing to the maximum available shares with excess demand. Tomás Ruiz reiterated that this widespread support strengthens the company's position in the market and ensures greater financial stability for the coming years.

About OHLA
 OHLA is a global infrastructure group with more than 112 years of history. It is part of the 50 largest construction groups internationally and among the top ten builders in the United States, according to ENR. The company, with a portfolio close to 9 billion euros and more than 30,000 employees, specializes in the design, construction, and development of infrastructure and concessions, being a benchmark in civil engineering, railway infrastructure, unique building, and hospital construction.

OHLA focuses its activity on three geographical areas: Latin America, Europe, and the United States. In the latter market, where it has been present since 2006, it was named Contractor of the Year in New York (2019) and in California (2021), according to the prestigious ranking by ENR. Additionally, it is among the top 10 construction companies in the entire U.S. OHLA is also certified by SGS in Management Systems, including ISO 9001, ISO 14001, ISO 45001, and ISO 50001 for some of the group's companies.

www.ohla-group.com

 

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