Project Finance Copying and distributing are prohibited without permission of the publisher

Transmontana toll road financial close

15 December 2008

The Portuguese roads sector continues to spawn deal closures despite the liquidity crunch. Last month the Mota-led Douro Interior financing closed. This month Autoestrada Transmontana has closed and a further two closures – Baixo Alentejo in January and Baixo Tejo before year-end – are imminent.

The reasons these deals are getting banked are multiple. First, although state-owned Estradas de Portugal – which collects the tolls and then pays availability to the sub-concessionaires - is not guaranteed by the state and theoretically could go bankrupt, logic dictates that...


Latest Deals Database updates

Edison Mission Energy Wind Portfolio Refinancing Update date 21/05/2013
Sector Renewables > Onshore wind
Country North America > USA
Total Debt Loan Amount $m207.2
Status Financial close
Incheon Bridge Update date 21/05/2013
Sector Transport > Bridge
Country Asia > South Korea
Total Debt Loan Amount $m1300.61
Status Signed
Shinko Kobe IPP Project Update date 21/05/2013
Sector Power > IPP
Country Asia > Japan
Total Debt Loan Amount $m1359.76
Status Signed
Change font size: Switch to default font size Switch to medium font size Switch to large font size