Norte Litoral PPP renegotation

17/7/2015
Project finance, Refinancing

Completed

17/7/2015


Overview:

  • Norte Litoral, a Portuguese motorway concession, renegotiated the project financing that it had received in connection with the 2011 Transport Strategic Plan.
  • The renegotiation of the concession ensured that the roads become guaranteed income assets, resulting in a lower risk profile.

John Crabb - Journalist

Jurisdiction:

Portugal

Deal types:

Project finance
Refinancing

Practice area:

Banking

Governing law:

Portugal

Industry sectors:

Transport
Social infrastructure


Firms:

Party: Auto-Estradas Norte Litoral (Concessionaire)


Party: Banco BPI (Lender)