April 15, 2019 |
The concessionaire in charge of the Ferrocarril Central railroad in Uruguay is close to securing a loan for more than $900m, LatinFinance has heard.
SMBC and two development banks, the IDB and CAF, along with CAF's asset management division, have agreed to the terms of a club deal with the railway concessionaire and expect to sign the loan in the next few weeks, said sources close to the deal.
Spain's Sacyr leads the concessionaire with France's NGE and the local companies Saceem and Berkes. The
Sacyr-led railway concessionaire is weeks away from securing a $900m club loan, sources say