CCR extends Via Dutra concession contract

CCR extends Via Dutra concession contract

Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Toll Road Highways Structured Finance Latin America South America Brazil

Brazilian infrastructure company CCR has agreed to extend the contract for the NovaDutra highway concession for a year due to the lack of time for land transport agency ANTT to launch a new bidding process before the original expiry date. The contract now expires on February 28, 2022, CCR said in a securities filing on Thursday. The extension is intended to "avoid the interruption of the provision of services to users of Rodovia Presidente Dutra until the winner of the new bidding process takes

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