CAF lends to railroad PPP in Urguay

CAF lends to railroad PPP in Urguay

Project & Infrastructure Finance Loans Debt Uruguay

South American development bank CAF said it has approved an $85m loan for a railroad public-private partnership (PPP) in Uruguay. CAF also said it is looking to bring in other lenders to help finance the Ferrocarril Central project. Last month, the bank's asset management division, CAF AM, issued $350m in 20-year debt fund share certificates to raise money for the PPP. Banco República managed the capital markets deal though its brokerage division. According to CAF, Grupo Vía Central, a consortiu

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