Home / 2016 / September / October 2016 / AWARDS: Best Infrastructure Bank: Latin America.

AWARDS: Best Infrastructure Bank: Latin America.

AWARDS: Best Infrastructure Bank: Latin America.

September 9, 2016

Corporate & Sovereign Strategy

Months before any of the toll roads in Colombia’s 4G concessions program had reached financial close, but as the deadline approached to have funding in place, Goldman Sachs committed $1.2 billion to three projects, putting the project sponsors at ease. In the months that followed, the US bank put the finishing touches on the financing plans for the three toll roads, careful not to favor one structure over another. In February, Pacífico 3 became the first 4G road to reach financial close, with $650 million in long-term funding from both bonds and bank loans. Costera came in July with $500 million in bonds and bank debt. Alto Magdalena (Alma) followed later in the month with $371 million in du

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