The "Latin America Bonds & Loans 2019 Awards" named the Concession “Transvesal del Sisga” as prize-winner in the ANDES Category: “Project Finance Deal of the Year”.

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The "Latin America Bonds & Loans 2019 Awards" named the Concession “Transvesal del Sisga” as prize-winner in the ANDES Category: “Project Finance Deal of the Year”.

These awards are in recognition of outstanding achievements in the Latin American and Caribbean credit markets throughout 2018.

Over 200 candidates submitted their initiatives at this edition, with the concession of the second round of fourth generation projects “Transversal del Sisga” winning the prize for its management in securing the credit contract or definitive funding for the value of $575,200 million, with widely acknowledged finance institutions such as: Financiera de Desarrollo Nacional (FDN), Ashmore CAF-AM Fund, BlackRock Private Capital Fund and the Official Credit Institute (Public Bank of Spain) and the project structuring entity Credicorp Capital. 

The winning concession was the second to secure its definitive funding among those included in the second round of projects.

The objective of this concession is to successfully carry out consolidation of the currently existing corridor which begins in Chocontá (Cundinamarca) and the towns in the Boyacá Department, namely Guateque, Macanal and Santa María to eventually reach Aguaclara trail, belonging to Sabanalarga (Casanare), through renovation and reconstruction works of the road surface covering 137 kilometres, construction of four vehicle bridges and re-profiling 15 tunnels, whilst repairing 180 unstable areas. Work on the Concession is currently ahead of schedule in all functional units.

The Transversal del Sisga Concession is in charge of designing, building, maintaining and operating the corridor known as “Transversal del Sisga”, which guarantees alternative communications from the centre of the country to the eastern plains, integrating Cundinamarca, Boyacá and Casanare Departments, linking up the towns of Machetá, Guateque, Santa María, San Luis de Gaceno and other towns encompassed in the hinterland. 

LATIN AMERICA BONDS & LOANS AWARDS 2019: The Concession “Transversal del Sisga” was the winner of the Bonds & Loans awards in the “Project Finance Deal of the Year” category. This prize was awarded for its management in securing the credit contract or definitive funding for the value of $575,200 million, with widely acknowledged finance institutions such as: Financiera de Desarrollo Nacional (FDN), Ashmore CAF-AM Fund, BlackRock Private Capital Fund and the Official Credit Institute (Public Bank of Spain) and the project structuring entity Credicorp Capital.

 

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El Diario

La Concesión Transversal del Sisga, asegura 575.200 millones de $ y gana premio internacional.

 

 

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