OHL Mexico gets peso loans from three banks

OHL Mexico gets peso loans from three banks

Project & Infrastructure Finance Mexico Loans

OHL Mexico has received MXN6.475bn ($350m) in a dual-tranche loan from Banobras, Inbursa and Santander for the development of the Atizapan – Atlacomulco highway.The Spanish construction company's local arm got a 10-year MXN5.31bn portion between 275bp and 350bp over Mexico's 28-day TIIE rate, a statement from OHL Mexico showed. The floating-rate spread applies for the first eight years of the term loan.OHL Mexico also said it could extend the 2027 portion for another 10 yearsMexican development

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial