Natixis has announced that it has arranged a US$175 million 29-yr hybrid private placement and fixed rate loan to refinance Peru's Cajamarca Transmission Line. Natixis acted as the Sole Placement Agent, Sole Rating Advisor and Bookrunner of the Notes, and Administrative Agent of the Loan.
Cajamarca Transmission Line is a 370km, already-operational, transmission line in northern Peru connecting Carhuaquero to Moyobamba, via Cajamarca Norte and Cáclic. It is owned by BOW Power, the Madrid-based subsidiary of ACS Group and Global Infrastructure Partners.
The Notes were rated BBB- and the Loan and the Notes are pari passu. Natixis privately placed the Notes in an amount of US$100 million to three US Insurance Companies. The remainder of the financing was sourced by Natixis through a fixed-floating rate loan.
Country updates
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July 19, 2018
US$250 million wastewater concession tender launched in Peru
Peru's Private Investment Promotion Agency (ProInversión) has launched the tender for the design, financing, construction, operation and maintenance of a wastewater treatment system fo...
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July 18, 2018
RFP launched for transmission project in Peru
The call for proposals was published on July 18, 2018. The delivery and publication of the final version of the contract is scheduled for the fourth quarter of 2018, and the bidding and awarding of th...
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July 17, 2018
Government approves the concession contract of Salaverry port
The Ministry of Transport and Communications (MTC) has recently approved the concession contract for the Multipurpose Port Terminal of Salaverry, to be signed by Grupo Romero, owner of the winnin...
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July 03, 2018
The Minister of Transportation and Communications has announced that the Government is renegotiating new execution deadlines for the construction of the project
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June 15, 2018
A VINCI Concessions subsidiary, VINCI Highways, opened section 2 of the infrastructure
A VINCI Concessions subsidiary, VINCI Highways, opened section 2 of the infrastructure. The official opening was attended by Lima’s mayor, Luis Castañeda Lossio, Fadi Selwan, chairman of VINCI Highways, and Laurent Cavrois, CEO of Lamsac
