Sacyr Concesiones S.L. obtains $451.5 million project financing for Colombian toll road project
Clients Sacyr Concesiones S.L.
Jones Day represented Sacyr Concesiones S.L., as sponsor, Unión Vial Río Pamplonita S.A.S., as concessionaire, and Fideicomiso Unión Vial Río Pamplonita S.A.S., as borrower, in connection with a $451.5 million long-term project financing, consisting of a U.S. dollar tranche and Colombian Peso debt tranches, provided by a syndicate of major financial institutions led by Deutsche Bank AG, New York Branch and JPMorgan Chase Bank, N.A. The financing package will be used fund the design, construction and placement into service of the Cucuta – Pamplona Highway, which forms part of the Colombian fourth generation (4G) highway.