Concesionaria Desaladora del Sur $123.75 million project finance

1/3/2018
Project finance

NS 396 million

$ 123.75 million

Announced

1/3/2018


Overview:

  • Concesionaria Desaladora del Sur (CODESUR) received a $123.75 million credit facility from BBVA Banco Continental to develop potable water and wastewater treatment services.
  • CODESER owns a 25-year concession to develop such services. 
  • Continental Sociedad Titulizadora acted as trustee for the financing.

Rani Mehta - Journalist 

Jurisdiction:

Peru

Deal type:

Project finance

Practice area:

Project finance

Industry sector:

Utilities


Firms:

Party: Concesionaria Desaladora del Sur (Borrower)

Lawyer: Oscar Arrús


Party: BBVA Banco Continental (Lender)