The highway between Madrid and Toledo, which is managed by companies including Grupo Isolux Corsan SA, Comsa SA, Azvi and Banco Espiritu Santo SA (BES), has declared itself bankrupt at the Albacete court, Cinco Dias reported, without saying how it obtained the information.

The AP-41 toll road has over 500 million euros ($646 million) of debt, the newspaper said.

To contact the reporter on this story: Angeline Benoit in Madrid at abenoit4@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net