Salvador Bahia airport nets bank guarantee

Salvador Bahia airport nets bank guarantee

Project & Infrastructure Finance Brazil Loans Debt

Salvador Bahia Airport Concessionaire has obtained a guarantee to cover a 20-year BRL515m ($136m) loan secured from Banco do Nordeste do Brasil (BNB), according to a source close to the deal. The Vinci subsidiary signed both the loan and the guarantee last month. The loan was disbursed last week, sources said. Banks providing the guarantee are:- Banco Bradesco- Itau Unibanco- Banco ABC Brasil- ABN Amro Bank- BNP Paribas- Intesa Sanpaolo - SMBC The guarantees are secured by in rem security ins

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