Financing on the £1.2 billion ($1.98 billion) Connect digital
communications system was completed at the end of November. The
system involves the £350 million investment in a fibre optic
network and a project life of 20 years. The network offers the
possibility of mobile communications undergrou...
Bangkok Expressway PCL has announced it expects to sign a
debt-restructuring agreement in January that allows its creditors
to collect the full amount of their lending to the company by
deferring repayments, a senior official at the company said.
Four groups have emerged as pre-qualifiers for the Barcelona tram project. The groups are required to build, finance and partly operate the system, with projected passenger levels of 13 million people a year. ADTranz/Cerco, Tramnet, led by FCC and Alstom, EuroProject, led by Group Via, and Tramnou, ...
Israel's biggest deal has closed. Is it a one-off or does Cross-Israel take the Israeli market to new levels of complexity and size? By Marco Denes
The N3, South Africa's largest BOT toll project, has reached funding despite the hiccups that accompanied the earlier N4 concession. There's widespread agreement that in the next few years the country will see massive growth in the levels of traffic - but can the concession shepherd enough of it through its tollbooths?
Morgan Stanley Dean Witter has executed the first ever securitization of an airport's revenues in Europe for London City Airport Ltd. It's also the first to go ahead without an external guarantee. The deal will raise £100 million of long-dated debt to repay debt and finance acquisitions. It could pr...
The planned enlargement of the European Union is giving added urgency to the development of a more efficient rail network in the former eastern bloc. Multilateral institutions are stepping up their lending but can they also pull in private capital for the next wave of projects?