Latest Transport News

Top Story

Banks selected for Passante di Mestre bond financing

State-owned highways manager ANAS has selected one of two competing groups of banks to arrange the €800 million ($1.1 billion) bond financing for the Passante di Mestre toll road in Italy's Veneto region

CCR launches ViaOeste bond issue

Concessionaria Rodovia do Oeste de Sao Paulo is launching a R440 million bond issue to refinance existing debt and reimburse its sponsor for capital expenditure

Airports Commission rules out Thames estuary hub airport

The UK's independent Airports Commission has today announced that the inner Thames estuary airport proposal is not included in the shortlist of options to increase the UK’s airport capacity by 2030

Bahrain issues new airport terminal tender

The Ministry of Transportation for Bahrain has issued a tender for the construction of a new 150,000 square metres passenger terminal at Bahrain International Airport

IRB closes Solapur to Yedeshi road financing

IRB Infrastructure Developers (IRB) has reached financial close on a $150 million project financing for the NH-211 highway project in Maharashtra, India

ABC consortium signs line 18 bronze PPP

The Brazilian-Argentine ABC consortium has reached commercial close on the 25-year concession to develop the line 18 bronze monorail PPP in partnership with São Paulo state

Nigeria completes due diligence on Lekki Port

Indonesian conglomerate Tolaram is moving towards financial close on the delayed $1.5 billion greenfield Lekki Port PPP in Nigeria

Final allocations for Tisur port expansion financing

Grupo Romero has determined final allocations for the $280 million debt-financing for the Tisur Matarani port expansion in Peru following a signing on 15 August 2014, IJGlobal can reveal

Odebrecht mandates on Magdalena river PPP

Corficolombia has emerged as adviser to Odebrecht in the financing for the Ps2.3 trillion ($1.2m) Magdalena river PPP

CCR's AutoBan launches bond issue

The project company for the Anhanguera-Bandeirantes toll concession in Brazil has launched a R500 million bond issue

Hochtief, DIF and Kemna's A7 PPP closes with seven investors

Hochtief, DIF and Kemna have reached financial close on the €600 million ($791 million) A7 federal highway in Germany, financed with the European Investment Bank’s project bond initiative

PennDOT issues RFI for parking system PPP

The Pennsylvania Department of Transportation (PennDOT) has released a request for information (RFI) seeking private sector interest for a proposed commercial truck parking system PPP

Caltrans mulls PPP for Highway 156 upgrade

The Transportation Agency for Monterey County (TAMC) and California Department of Transportation (Caltrans) are considering upgrading Highway 156 West under a PPP structure

Dulles Metrorail closes $1.28bn TIFIA loan

The Metropolitan Washington Airports Authority (MWAA) and US Department of Transportation (US DOT) have closed a $1.28 billion low-interest, federal loan for the Dulles Corridor Metrorail (Sliver Line) project in Virginia

A63 sponsors seek refinancing advisers

The sponsor group Atlandes for the €1.16 billion ($1.5 billion) A63 toll road in France have approached potential advisers for a refinancing and bids are due in early September for the advisory role

Philippines' Calax PPP gets government funding bump

The Philippines’ Department of Budget and Management (DBM) has released P1.6 billion ($36.5 million) to quicken the implementation of the Cavite-Laguna Expressway (Calax) PPP project

Chile's Alsacia agrees restructuring

Chilean bus concessionaire Alsacia has agreed a restructuring of its bond debt with a group representing the majority of its bondholders