Salaverry port terminal finalizes financing terms

Salaverry port terminal finalizes financing terms

Project & Infrastructure Finance Loans Debt Peru Andean

Salaverry Terminal Internacional (STI) is close to securing an eight-year, $140m loan to fund construction work on the first two phases of the port terminal concession, said Administration and Finance Manager Julio Pablo Pflucker Sicheri. The Inter-American Development Bank (IDB) has completed its due diligence and approved $60m in financing for the project, while two Spanish banks and a Brazilian bank have presented the loan to their credit committees, Pflucker said. The port terminal concessio

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