The sponsors of the Costanera Norte concession in Chile have completed a $265 million local currency financing - the first of the urban concessions for capital Santiago to close this year. The deal, which features a wrap from the Inter-American Development Bank and Ambac Assurance, finances the $442...
The Canadian market PPP is finally picking up. But foreign competition and a more open market are essential for it to continue building deal flow and putting on more value-added. Denise Bedell reports from Toronto.
ABN AMRO has closed the first phase of the financing for the Lane Cove Tunnel toll road project.
Three issues were sold into the market in December: two nominal bonds of A$250.4 million ($185 million) and A$191.8 million, both maturing December 2013, and a A$112.8 million capital-indexed bond, mat...
01 December 2003
UK's first social housing new build scheme awarded
Riverside Housing Association has won the UK's first newbuild social housing PFI. The £60 million ($105 million) Sandwell project involves redevelopment of 1,400 homes and the demolition and rebuild of 113 further houses. Riverside is backed by deb...
Spanish deal flow and market innovation do not look set to slow. This despite the fact that foreign lenders and sponsors have yet to make their mark in a big way. By Sean Keating.
CTRL Section 1 Finance is simple, transparent and indirectly government-backed - in fact probably one of the easiest sells to hit the bond markets in recent years. But it is also the way rail infrastructure (at least in the UK) is likely to gain long-term financing in the future given the restructur...
01 November 2003
DTC variation at Great Western Hospital
Dexia Public Finance Bank is to provide the £33 million needed to finance the construction of a new diagnostic treatment centre (DTC) at Great Western Hospital in Swindon. What makes this deal interesting is that it is an add-on facility to an existing PFI sc...
Is the Australian PPP market big enough, or developed enough, to encourage competitive bids? Dominic Jones reports on the latest steps forward and back in infrastructure.