August 26, 2019
Vías Chile has come to terms on a $124m line of credit for the Autopista del Sol toll road concession, LatinFinance has confirmed.
Santander was the original lender on the deal, but it syndicated half to local bank Bci, a source said.
Vías Chile, a subsidiary of Spain's Abertis, will use the proceeds to add lanes to the national highway Ruta 78 between Santiago and Talagante, according to press reports.
The government previously extended the concession by 22 months to March 2021 in return for in
Abertis subsidiary gets $124m in three-year money to add lanes to the Autopista del Sol