February 16, 2017 |
IFC is scheduled to decide at the end of next month whether to arrange an A/B loan for up to $194m for the Autopista Santander-Mocoa-Neiva toll road concession in Colombia.
The multilateral lender, part of the World Bank Group, could provide a direct loan for $100m and syndicate a B loan for up to $94m. The 456km toll road has $766m in total project costs, according to IFC.
The national infrastructure agency ANI last year approved financing for the project, with a total of COP1.35tn ($470m) fro
Multilateral lender looks to line up a $194m A/B loan to help finance the $766m toll road concession