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The consortium completed financial close for the project. It borrowed €189 million from a "bank club dealâ€?, of which €152 million was senior debt with a maturity of 10 years. An equity contribution from the shareholders of the concession-holder company of €27 million and a subsidy of €10 million from the Marseilles Provence Métropole Urban Community completed the financing of this project without recourse against the shareholders
List of the country updates
Country updates
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February 08, 2008
The Marseille Provence Metropolis Urban Community selected the consortium led by VINCI Concessions (58.5%) in partnership with EIFFAGE (41.5%) for the contract for the Prado Sud tunnel concession in Marseille
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December 15, 2005
The project commissioned and started operations
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October 15, 2005
The project was signed with the Government
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November 04, 2003
The service started operations by a private company Autostrada ferroviaria alpina (AFA), a joint subsidiary of the SNCF and Trenitalia, a subsidiary of Ferrovie dello Stato Italiane
