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Poland's A1 phase 2 closes

16 December 2008

The Skanska-led CTC consortium has closed the Eu1.07 billion ($1.48 billion) debt financing for phase 2 of the A1 road concession in Poland. The debt breaks down into a Eu150 from the Nordic Investment Bank, Eu575 million from the European Investment Bank, and Eu345 million loan from Svensk Exportkredit. The GTC, short for Gdansk Transport Company, consortium also comprises John Laing,  NDI Autostrada, and Intertoll Infrastructure Development....

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