Mota-Engil, SGPS, S.A.
Mota-Engil is the largest construction Group in Portugal. With holdings in approximately 300 companies, Mota-Engil operates in the segments of Engineering and Construction, Environment and Services, Transport concession, Energy and Mining.
The Company was listed on Euronext on November 1987 after the issue of 12% of its capital to the public represented by 2.7 million shares and the Company’s market capitalization was worth 156 million euros.
1988 – 2021
Capital Increases and bond issuances
During more than 30 years of stock market listing, Mota Engil resorted to the capital markets to finance itself, through the execution of several Capital increases and Bond issuances.
Sustainability-linked bonds issuance
Mota-Engil has successfully completed two sustainability-linked bond issuances. In 2021 has raised a global amount of €110 million, with a maturity of 5 years and a fixed interest rate of 4.25%. In 2022 has raised a global amount of €70 million, with a maturity of 5 years and a fixed interest rate of 5.75%. The Company is committed to improve one KPI in order to reach a sustainability target as of 31 December 2025 and 2026 respectively; if these targets are not accomplished, the issuer commits to pay an additional €1.25 per bond until at the end of the periods.
Main reasons for the Capital increase in 2021
Main reasons for issuing sustainability Bonds
“Part of a Company’s know-how is the ability to find the capital required to make its development”
António Mota – Chairman of the Board of Directors
The result of the bond issuance of Mota-Engil in 2021 highlights the confidence in its 75-year track record, its long track record of compliance with market regulations, and recognition of the potential of its strategy.
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