FDN drafts securitization plans

FDN drafts securitization plans

Bonds Structured Finance Colombia Loans Project & Infrastructure Finance

FDN plans to start securitizing toll road loans next year, giving banks more room to provide credit to the next round of projects, CEO Clemente del Valle told LatinFinance.The Colombian development bank will buy long-term loans, especially from local banks, and sell them as bonds in the capital markets, he said. FDN also expects projects sponsors to rely more on mini-perms to finance projects in the 4G toll road concessions program. "Mini-perms are a solution to attracting banks and re

Already have an account?

Free trial

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

Free Trial