Region: Latin America and Caribbean (LAC)
Country: Peru
Keywords: PPP Reference Guide, Online Guide, PPP Basics
Document Link(s):
Document Summary:
CHICAGO--July 21, 2006--Fitch has assigned a preliminary rating of 'BB' to IIRSA Norte Finance Limited, a Peruvian securitization of government payment obligations in connection with a toll road concession. The $226 million in transaction proceeds will be used to cover the costs of expansion and improvements on IIRSA Amazonas Norte, a 960 kilometer network of existing toll roads in northern Peru. The transaction also benefits from a $60 million partial guarantee (PG) provided by the Inter-American Development Bank (IDB).
Document Details:
Fitch. 2006b. “Fitch Expects to Rate Peruvian Securitization IIRSA Norte Finance Ltd ‘BB’.” Press Release. Business Wire. July 21. Website. [#4400]
Updated: June 27, 2022
Visit the PPP Online Reference Guide section to find out more.
Visit the PPP Online Reference Guide section to find out more.
Visit the PPP Online Reference Guide section to find out more.
Visit the PPP Online Reference Guide section to find out more.