Colombia repays Ruta del Sol 2 lenders

Colombia repays Ruta del Sol 2 lenders

Project & Infrastructure Finance Economy & Policy Debt Regulation Politics Colombia

Colombia's national infrastructure agency ANI has authorized another COP627bn ($200m) in payments to the banks that financed the Ruta del Sol 2 toll road. The latest payment adds to the COP1.34tn that ANI has paid to vendors and service providers for the cancelled concession, ANI said in a statement. ANI scrapped the concession contract in January 2017, after the attorney general said he had uncovered evidence of corruption in the procurement process. Brazil's Odebrecht, which held 62% of the co

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