Project Brabo 1 €173 million refinancing for Brabo 1

31/3/2016
PPP, Refinancing

€ 173 million

$ 191 million

Completed

31/3/2016


Overview:

  • Project Brabo 1 secured a €173 million refinancing package for Brabo 1, its tramway project in the city of Antwerp.
  • KBC Bank, Bank Nederlandse Gemeenten and Belfius Bank provided a floating rate tranche for the package, while AG Real Estate provided a fixed rate tranche.
  • Project Brabo 1 was provided financial advice by KPMG.

Jon Moore - Journalist

 

Jurisdiction:

Belgium

Deal types:

PPP
Refinancing

Practice areas:

Banking
PPP/PFI

Governing law:

Belgium

Industry sector:

Transport


Firms:

Party: Project Brabo 1 (Sponsor)


Party: De Lijn (Originator)

Party: LijnInvest (Shareholder)

Lawyer: Anthony Logghe


Party: KBC Bank (Lender)

Party: Bank Nederlandse Gemeenten (Lender)

Party: Belfius Bank (Lender)

Party: AG Real Estate (Lender)