Grupo Hycsa finances toll road

Grupo Hycsa finances toll road

Project & Infrastructure Finance Toll Road Highways Loans Debt Mexico

Mexican infrastructure developer Grupo Hycsa said its indirect subsidiary Autopista Mante Tula took out a syndicated loan to reach financial close on a toll road concession in the northeastern state of Tamaulipas. Hycsa did not say how much it borrowed, but it listed the project costs at MXN6.77 billion ($324 million) and said it would take 32 months to complete construction on the 107km toll road, according to a securities filing on Wednesday. Autopista Mante Tula had planned to start roadworks

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