Pacífico 2 toll road PPP

Overview:

• Pacifico 2 toll road PPP
• The Pacifico 2 will connect La Pintada and Bolombolo in Colombia's Antioquia region.
• Concesión La Pintada, which oversees Colombian toll road Pacífico, 2 has secured two loans for the project.
• The borrower received a $250 million credit facility from ITAÚ Unibanco and Banco de Crédito del Perú and a Col$510 billion credit facility from Banco Davivienda and Banco de Bogotá.
• Odinsa and Construcciones el Cóndor were sponsors to the project and are the owners of Concesión La Pintada.
• Pacífico 2 is a fourth generation (4G) infrastructure project, and part of Colombia's ‘Highways for Prosperity’ initiative.

Kurt Stumpo - Journalist