ICA concessionaire refinances toll road

ICA concessionaire refinances toll road

Loans Project & Infrastructure Finance Debt Funds Mexico

Infrastructure fund manager Mexican Infrastructure Partners (MIP) said Autovía Querétaro, a toll road concessionaire owned by the construction company ICA, took out a bank loan to refinance construction of the Palmillas-Apaseo El Grande highway. EXI-CK, an energy and infrastructure fund managed by MIP, granted a convertible loan for MXN750 million ($36.7 million) in February 2016 to finish building the 84km toll road in the states of Querétaro and Guanajuato. ICA subsidiary Covimsa won the 30-ye

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