FDN approves toll road loan

FDN approves toll road loan

Loans Project & Infrastructure Finance Debt Colombia Andean Europe US

Colombian development bank Financiera de Desarrollo Nacional (FDN) said it has approved a loan for up to COP245 billion ($73.9 million) for the Autopista Pamplona-Cúcuta. Spain's Sacyr, which will build and operate the 62.5km toll road concession, will also receive financing from JPMorgan and Deutsche Bank, FDN said in a statement. "Currently, they are working on the financial close of the project, for which exists a great appetite from international banks to finance it," the development bank ad

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