Lima Metro Line II

17/6/2015
Project bond issue, Project development, Project finance

$ 1.5 billion

Completed

17/6/2015


Overview:

  • Lima Metro Line II.
  • To finance the construction the concessionaire issued $1.5 billion of senior secured notes.
  • The notes are backed by the government.
  • A consortium formed by Iridium, Vialia, Salini Impregilo, Ansaldo STS, AnsaldoBreda and Cosapi acted as sponsor.
  • Citigroup, Morgan Stanley and Santander acted as Global Coordinators.
  • Bank of America Merrill Lynch, Crédit Agricole, Natixis, Banca IMI, BBVA, and Societé Générale acted as bookrunners.
  • Legacy firm Chadbourne & Parke advised the global coordinators and bookrunners.

Rani Mehta - Journalist

Jurisdiction:

Peru

Deal types:

Project bond issue
Project development
Project finance

Practice areas:

Project finance
Capital markets : Debt
Project development

Industry sector:

Transport


Firms:

Party: Lima Metro Line II (Concessionaire, Issuer)


Party: Citibank (Trustee)


Party: Lima Metro Line II (Concessionaire, Issuer)



Party: Lima Metro Line II (Concessionaire, Issuer)


Party: Lima Metro Line II (Concessionaire, Issuer)


Party: Citigroup (Global coordinator)

Party: Morgan Stanley (Global coordinator)

Party: Banco Santander (Global coordinator)

Party: Banca IMI (Bookrunner)

Party: BBVA (Bookrunner)

Party: Bank of America Merrill Lynch (Bookrunner)

Party: Crédit Agricole (Bookrunner)

Party: Natixis (Bookrunner)

Party: Societé Générale (Bookrunner)


Party: Infrastructure Investment Trust 2 (Investor)