Astris Finance is pleased to announce the successful closing of a MXN 1,970.6 Mn (USD 103.5 Mn) facility to finance the Pirámides – Tulancingo – Pachuca highway conservation project. The Project consist in the construction, modernization and maintenance of a 183 km road between the states of Mexico and Hidalgo and was awarded to a Consortium led by Sacyr Concesiones México in July 2017. The non-recourse financing is a 9.4 year door-to-door senior debt facility provided by Banco Interacciones.
Astris Finance acted as sole financial advisor to the Consortium during the bid stage, and through the selection of the sole Arranger and the structuring and closing of the bank facility.