Brabo 2 €233 million PPP project

15/11/2016
PPP

€ 233 million

$ 259 million

Completed

15/11/2016


Overview:

  • The Brabo 2 PPP project in Beligum has obtained €233 million of financing through a facilities agreement.
  • The borrowing consortium consists of BAM PPP and Cofely Fabricom.
  • The lenders on the matter were Crédit Agricole, The Bank of Tokyo - Mitsubishi, KBC Bank, and AG Real Estate.
  • Brabo 2 is a tramway under the authority of both the Flemish Region of Belgium and the City of Antwerp.

Kurt Stumpo - Journalist

Jurisdiction:

Belgium

Deal type:

PPP

Practice area:

Project finance

Governing law:

Belgium

Industry sector:

Transport


Firms:

Party: Crédit Agricole (Lender)

Party: The Bank of Tokyo – Mitsubishi (Lender)

Party: KBC Bank (Lender)

Party: AG Real Estate (Lender)

Lawyer: Geert Verhoeven


Party: BAM PPP (Borrower)

Party: Cofely Fabricom (Borrower)