Loans secured to pay for Argentina road projects

Financing in the shape of loans will help fund six PPP road projects in Argentina. Loans worth US$200 million and are being supplied by IDB Invest, a division of the Inter-American Development Bank (IADB). In all syndicated loans worth $900 million have been amassed from a number of banks and funding institutions to help pay for the projects. However the road projects are expected to cost in the order of $6 billion in all.
May 13, 2019 Read time: 1 min

Financing in the shape of loans will help fund six PPP road projects in Argentina. Loans worth US$200 million and are being supplied by IDB Invest, a division of the 2791 Inter-American Development Bank (IADB). In all syndicated loans worth $900 million have been amassed from a number of banks and funding institutions to help pay for the projects. However the road projects are expected to cost in the order of $6 billion in all.

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