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February 2008
As expected the risk allocation in the $5 billion Saudi Landbridge project has shifted, with the government offering a subsidy of up to 85% of the project costs during construction.
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As expected the risk allocation in the $5 billion Saudi Landbridge project has shifted, with the government offering a subsidy of up to 85% of the project costs during construction.
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The São Paulo state government has set a deadline of 11 March 2008 for a 30-year concession of the west section of the Rodoanel ringroad
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Santander and Banorte have closed the $450 million financing for Isolux/Mota's Perote to Banderillas and the Xalapa bypass real toll road concession in Mexico.
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Financial and legal mandates have been awarded for Russia's first airport concession, Pulkovo Airport.
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ANZ has closed a A$1.195 billion loan for the Newcastle coal export terminal project in Australia.
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The City of Chicago has issued a request for qualifications for a concession of Midway Airport.
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The Mexican Secretaría de Comunicaciones y Transportes (SCT) has issued an information memorandum with the details of the second of the FARAC roads packages.
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Pennsylvania Senator John Gordner has introduced Bill 1280 to the state's senate outlining a proposal for a lease of the turnpike.
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The City of Chicago and the Chicago Park District have issued a request for qualifications for a concession of the city's metered parking system.
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Bookrunners, Alpha Bank, Calyon, Millennium bcp and Natixis have launched into general syndication a Eu1.685 billion debt package that finances the 365km Elefsina-Korinthos-Patras-Pyrgos-Tsakona real toll road project in Greece.
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The $480 million, 15-year debt facility for Damietta International Port Company in Egypt has launched into general syndication.
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Transurban and Fluor Enterprises signed the master debenture for the financing of the $1.93 billion Capital Beltway high occupancy toll (HOT) lanes project on 20 December 2007. The project, located in Washington DC and Virginia, promises to be one of the first uses of the private activity bond (PAB)...
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Lender and investor patience is finally paying off in Greece. The last remaining toll road syndications will launch soon and a burgeoning social infrastructure PPP pipeline is developing almost unnoticed. Will Greece get the speed right for PPP phase 2? By Marcus Bensasson
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Northwest Parkway launches syndication