Yuma asks banks to fund reactivated toll road

Yuma asks banks to fund reactivated toll road

Project & Infrastructure Finance Loans Debt Corporate & Sovereign Strategy Colombia Andean Latin America

Colombian toll road operator Yuma Concesionaria has asked banks to present proposals to provide roughly COP400 billion ($98.5 million) in financing for the Ruta del Sol 3, two sources told LatinFinance. The concession had sat dormant since July 2017, but Yuma and the national infrastructure agency ANI signed an agreement last month to restart work on the project. Progress on financing the deal, however, has been hampered by the economic aftershock from the outbreak of the coronavirus, one of the

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