Port of Rodman project phase two

Overview:

• Port of Rodman project phase two
• Phase two of the expansion of the Port of Rodman in Panama has been financed through a $150 million loan by Clifford Capital to PSA Panama International Terminal.
• The port rests close to the entrance of the Panama Canal.
• The Rodman expansion is being built under two different concession contracts, one with the Panama Maritime Authority and one with Panama Canal Authority.
• The entire Panama Canal had been in the process of a massive expansion project that began in 2008 and ended in the summer of 2016.
• Certain PSA shareholders were advised by Alfaro Ferrer & Ramirez.

Kurt Stumpo & Rani Mehta - Journalists