January 8, 2019 |
Sacyr and IMF have received financing to build a section of the Américo Vespucio Oriente toll road in Santiago.
Eight lenders, including four banks and four insurance companies, provided UF22.6m ($910m) in financing for the project, the local law firm Larrain y Asociados said in a statement.
"The transaction represents the largest highway infrastructure project financing by local banks and insurance companies in Chile's history," the law firm said.
Banco de Chile, BancoEstado, BCI and Banco C
Eight lenders, including four insurance companies, provide more than $900m for the $1.2bn project