March 2008

Douro Litoral senior syndication out 28 March 2008

Senior syndication of Brisa's Eu1.2 billion Auto Estradas do Douro Litoral project facility has been launched

Mexico to launch Baja port concession 28 March 2008

Mexico's SCT is due to issue a request for proposals for a new seaport and container terminal in the state of Baja California

TAV refinances Ataturk Airport concession 28 March 2008

Mandated lead arrangers Dexia, Garanti Bank and Goldman Sachs have closed the Eu505 million refinancing of TAV's Istanbul Ataturk Airport concession.

FSTA signed 27 March 2008

Financial close has been reached on the UK Ministry of Defence's £13 billion Future Strategic Tanker Aircraft project (FSTA).

Pennsylvania turnpike bids delayed 26 March 2008

Pennsylvania Governor Rendell has extended the deadline for bids on the Pennsylvania turnpike lease

FDOT mulls lease of Alligator Alley 20 March 2008

The Florida Department of Transportation (FDOT) is exploring granting a concession for the Alligator Alley toll road.

Dublin Metro tender docs in May 19 March 2008

Ireland's Railway Procurement Agency (RPA) is to issue tender documents to the four qualified bidders for the Eu3.2 billion ($5.03 billion) Dublin Metro concession in the first week of May.

California launches high-speed train PPP 17 March 2008

The California High-Speed Rail Authority has issued a request for expressions of interest in a local train public-private partnership .

CPPIB gets Auckland vote 13 March 2008

The Canada Pensions Plan Investment Board has won shareholder approval for its $1.5 billion bid for a 40% stake in New Zealand's Auckland International Airport.

DART RFQ delayed 13 March 2008

The request for qualifications for the Dallas Area Rapid Transit project will not be issued until the fourth quarter of 2008.

DIAL in syndication 13 March 2008

ICICI Bank has launched syndication of its portion of the debt for the Delhi International Airport project (DIAL).

RBC to advise on Oakland Port 13 March 2008

The Port of Oakland has mandated RBC to advise on an expansion that may include a PPP concession.

Busan New Port signed 12 March 2008

The W793 billion ($816 million) facility for the Busan New Port Container Terminal in South Korea signed via sole

Cintra closes SH130 12 March 2008

A Cintra-Zachry consortium has reached financial close on the $1.36 billion concession of sections 5 and 6 of the SH130 in Texas.

Derince Port financing out 12 March 2008

Turkerler Group has invited banks to arrange financing to back the 36-year $195 million Derince Port concession

OHL closes Florida build-finance with Caja Madrid 12 March 2008

OHL USA has closed a $115 million financing for its construction of a section of US-1 in Florida.

Tarabot tipped for Landbridge 12 March 2008

After a second round of biding in February, the Tarabot consortium (led by Acwa Power) has come in with the lowest subsidized bid and is tipped

NTTA issues SH121 bonds 07 March 2008

The North Texas Tollway Authority (NTTA) has issued $2.43 billion in bonds to refinance some of its bond anticipation notes (BANs).

Goldman Sachs in on Eurotunnel equity issue 06 March 2008

Eurotunnel has completed a Eu800 million ($1.2 billion) subordinated preferred equity offering to refinance some of its NRS II restructuring debt.

Texas issues North Tarrant Express RFP 06 March 2008

The Texas Department of Transportation (TxDOT) has issued the request for proposals to four prequalified bidders for the North Tarrant Express project.

Loonie boons? 01 March 2008

Canada's provinces radiate confidence about the future of their PPP programmes, despite rising debt spreads and overheated construction markets. But will these factors make the cost of PPP harder to justify? Catherine McGuirk reports.

People & Places 01 March 2008

Monolines hit by downgrades Moody's Investors Service and Standard & Poor's have made several downgrades of monoline insurers. On 7 February Moody's downgraded SCA, parent...

Transport 01 March 2008

Cintra's SH130 nears close