October 11, 2019 |
Spain's Sacyr has added $50m to a $59.5m bridge loan for the Puerta de Hierro-Palmar de Varela toll road concession in Colombia, said a source close to the deal. BTG Pactual, Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) and Nomura are the lenders on the deal, according to the source.
Sacyr signed a $50m bridge loan in August last year, before adding $9.5m to the short-term financing. It has now increased the loan to almost $110m, the source said. The Spanish builde
Spanish construction company exercises a $50m add-on for the Puerta de Hierro–Palmar de Varela toll road concession