10 June 2022 South America

IDB Invest Structures Its Largest B-Bond To Finance The Central Railroad Line Project In Uruguay

IDB Invest has provided a new financing package for the Central Railroad Line Project in Uruguay to improve connectivity and integration within the country with its capital, Montevideo. The financing consists of a $250 million senior facility through a fixed rate B-bond. This is the largest B-bond structured by IDB Invest to date. The proceeds will be used to refinance existing debt, improving the project's overall financing terms and conditions. IDB Invest is facilitating the mobilization o

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