International, Sub Debt among Options for Colombia Roads: ANI

May 2, 2013

Winners in a series of Colombian road concessions to be awarded starting this year would have domestic senior and subordinated securitized debt among their options and could possibly tap the international market, the head of the government’s National Infrastructure Agency (ANI) says. The so-called Fourth Generation concession contracts must be finalized before the markets can have a better idea of the debt financing possibilities, but with a total size of more than $22bn, bond takeouts of...

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