Miami attorneys say the financing package is the first using international bank financing to fund a milestone-driven infrastructure project in Peru.
February 09, 2016 at 12:00 AM
1 minute read
White & Case closed a financing deal for a $400 million project allowing Peru to construct miles of new roads and maintain them and the rest of a 543-mile toll road for 25 years.
An innovative financing structure will guarantee the borrower significant savings on its financing costs, said White & Case associate Thomas Pate.
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