February 18, 2020
Latin American development bank CAF said it will provide $46.2 million in funding for a schools public-private partnership (PPP) in Uruguay.
CAF will supply a direct loan for $4.2 million, while its asset management division, CAF AM, will provide $42 million from its second infrastructure debt fund, the bank said in a press release.
CAF will make the funds available in Uruguay's inflation-linked units of account called Unidades Indexadas, it said.
Infraestructura Educativa II, a consortium with
South American development bank lines up $46 mln in financing for the $97 mln project