Sacyr takes out loan for Chilean toll road

Sacyr takes out loan for Chilean toll road

Loans Toll Road Project & Infrastructure Finance Chile Spain

Ruta de la Fruta, a Chilean toll road concessionaire owned by Spain's Sacyr Concesiones, said it has secured a UF11.2 million ($408 million) line of credit from five banks to finance works on the highway. The concessionaire will receive the funding in four tranches from BancoEstado, Banco BCI, Banco Consorcio, Banco Internacional and China Construction Bank, Ruta de la Fruta said in a securities filing. Ruta de la Fruta added that it will use the proceeds to buy equipment and cover financing cos

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