IIC lends to Argentine highway

IIC lends to Argentine highway

Structured Finance Argentina Loans Project & Infrastructure Finance

The IIC arranged $124m for Autopistas Urbanas (AUSA), a toll road operator owned by the city of Buenos Aires. The multilateral said it provided $24.4m in direct financing and also syndicated a $100m loan from Industrial and Commercial Bank of China (ICBC) and US asset management firm Federated Investors. The IIC did not disclose the tenor or the spread but called the financing "one of the most competitive packages" for an Argentine company in recent years, "signaling the increasing appetite from

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