ITR Concession, owned by units of Spanish infrastructure company Ferrovial and Australian investment bank Macquarie Group Ltd., said it would follow a two-track restructuring process. In a declaration filed with the bankruptcy court, Chief Executive Fernando Redondo said the company intends to pursue a sale of the toll road's assets at a bankruptcy auction, with the proceeds earmarked for creditors. The sale process has a deadline of Aug. 1, 2015.