Lima Metro Line 1 $316 million financing

25/8/2017
Project development, Project finance

$ 316 million

Completed

25/8/2017


Overview:

Lime Metro Line 1 Expansion

  • GyM Ferrovìas, the concessionaire of Metro Lime Line 1, borrowed $316 million to finance the construction and expansion of Lima Metro Line 1. 
  • This will expand the metro line by five stations. 
  • The financing was secured by payment obligations of the government of Peru. 
  • Mizuho Bank acted as administrative agent and lender.
  • Mizuho Securities acted as lead arranger.
  • Sumitomo Mitsui Banking Corporation acted as lead arranger and lender.

Rani Mehta - Journalist 

Jurisdiction:

Peru

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Transport


Firms:

Party: Mizuho Bank (Lender)

Party: Sumitomo Mitsui Banking Corporation (Lender, Lead arranger)

Party: Mizuho Securities (Lead arranger)


Party: GyM Ferrovìas (Borrower)



Party: Mizuho Bank (Lender)

Party: Mizuho Securities (Lead arranger)

Lawyer: Fernando Molina