Chilean cable car secures long-term financing

Chilean cable car secures long-term financing

Project & Infrastructure Finance Loans Andean Chile Latin America

Chile's Concesionaria Teleférico Bicentenario said it has reached a deal to borrow up to UF2.47 million ($100 million) from local lender Banco Bci to finance the construction of an aerial tramway in Santiago through a public-private partnership (PPP). The consortium said it will use the money from the nearly 20-year loan for construction and equipment, according to a securities filing. The 3.2-km aerial lift will run from Plaza Nueva Zelandia in the Providencia district and pass over the Parque

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial