Foto Financiación metro de Madrid sede Bankinter para sala comunicación.jpg

Bankinter supports Metro de Madrid with 94 million euros for new trains

  • The Madrid Corporate Banking area and the Investment Banking subsidiary Bankinter Investment jointly agree an innovative loan featuring a guarantee from an insurance company.

  • This financial support complements that from the EIB and the ICO for the purchase of 80 new vehicles to enhance Madrid's suburban train network.
Bankinter has agreed a major infrastructure deal. It has signed a 93.7 million euro financing agreement with the public company Metro de Madrid, a major infrastructure company.

The financing structure, which includes a financial guarantee, was designed by the Bankinter Investment team and the operation was arranged by the Madrid Corporate Banking area, which specialises in working with major companies.

This structured financing operation is innovative as it includes the support of an additional financial guarantee from Assured Guaranty Europe (AGE), a subsidiary of New York's Assured Guaranty Municipal Corp. This is a first for the bank for this type of infrastructure loan.

Bankinter's financing for Metro de Madrid supplements that already announced by the European Investment Bank (EIB) and Spain's Official Credit Institute (ICO). It will enable the addition of 80 new trains - 40 wide gauge and 40 narrow gauge - from the end of 2026. This will modernise suburban lines 1, 6 and 8, one of the most sustainable forms of transport for the city of Madrid.

This further demonstrates the commitment of Bankinter and Bankinter Investment to financing projects that enable the modernisation of infrastructure through the Group's innovative financial solutions.

This form of financing enables Bankinter to open up new possibilities for renewable energy projects, a field where it already has extensive experience.