CAF adds to 4G funding

CAF adds to 4G funding

Loans Project & Infrastructure Finance Debt Colombia

CAF, the South American development bank, said it has supplied CO134bn ($40.7m) in financing for the toll road concessionaire Devimar in Colombia. Devimar reached financial close on the Autopista al Mar 1 in March with COP2.23tn in loans from development banks and commercial lenders. The national development bank FDN led a COP1.52tn loan in Colombian pesos with the IDB, IDB Invest, ICO and BlackRock. KfW, SMBC and Société Générale provided a $225m tranche in dollars. CAF holds an 8.7% stake in t

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