Punta de Rieles prison PPP

5/7/2015
PPP, Project bond issue

Af 90 million

Completed

5/7/2015


Overview:

  • Punta de Rieles prison PPP
  • Abengoa led a consortium which offered project bonds to finance the prison, which is thought to be the first PPP financed through local project bonds in Uruguay.
  • Banco Santander (in Madrid and Uruguay) acted as arranger.
  • Guyer & Regules (Nicolás Piaggio and Marcos Payssé) advised the issuer.
  • Jiménez de Aréchaga Viana + Brause (Nicolás Herrera Alonso, Fernando Jiménez de Aréchaga (Jr), Cecilia Comas, Juan Andrés Urgoiti) and Clifford Chance (Jose Guardo) advised the arranger.
  • Olivera Abogados (Ricardo Olivera García, Federico Rocca) advised the Electronic Stock Exchange of Uruguay. 

Rani Mehta - Journalist - Latin America

Jurisdiction:

Uruguay

Deal types:

PPP
Project bond issue

Practice areas:

Project finance
Project development

Industry sector:

Social infrastructure


Firms:

Party: Banco Santander (Arranger)


Party: Banco Santander (Arranger)


Party: Abengoa (Issuer)