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 Cons
Eight lenders, including four insurance companies, provide more than $900m for the $1.2bn project