October 11, 2019
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
South American development bank grants an $85m loan for the Ferrocarril Central to go along with a $350m capital markets deal from last month