A63 – Toll road

More data

Country: France
Fund: DIF II, III & IV
Project capital cost: € 1.1 billion
Investment date: Jan - 2011
Status: Operational

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  • The A63 highway project is located in the South West of France and comprises the enlargement, financing, operation & maintenance of the existing 105km N10 road that runs between Salles (Gironde) and Saint-Geours de Maremne (Landes) under a 40 year concession agreement;
  • The project is a brownfield toll road, benefitting from historic traffic data;
  • Financial close of the project was in January 2011 and was commissioned in November 2013, 7 months ahead of schedule;
  • The project cost was € 1.1 billion, including the payment of a € 400 million entry fee to the French state;
  • In July 2015 the existing debt finance was refinanced with a new € 860 million long term non-recourse debt facility. As part of the refinancing the existing swaps were restructured with a group of lenders and institutional investors, taking advantage of lower interest rates.
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