Tauil & Chequer Advogados (T&C) in association with Mayer Brown won “Local Currency Financing of the Year,” “Port Financing of the Year” and “Infrastructure Financing of the Year” at LatinFinance’s 2023 Project & Infrastructure Finance Awards. The winning transactions are:
Local Currency Financing of the Year: Ecovias do Araguaia Financing
T&C in association with Mayer Brown advised Concessionária Ecovias do Araguaia, a subsidiary of the EcoRodovias Group, on a long-term financing totaling BRL 4.2 billion. The proceeds are being used for the operation, maintenance and recovery, among others, of the BR-153/414/080/TO/GO Highway System.
Port Financing of the Year: Chancay Port Financing
Mayer Brown advised a syndicate of lenders in connection with the US$975 million financing to COSCO Shipping Ports Chancay Peru S.A. for the development, design, engineering, construction, management and operation of a multi-purpose port facility including terminals and related infrastructure facilities located in Chancay, Peru. This was the first private port for public use on the Peruvian coast and the first greenfield project majority-owned by COSCO in South America.
Infrastructure Financing of the Year: Brazil: São Paulo Metro Line 6 Financing
Mayer Brown represented Acciona, who along with its partners in the Linha Universidade consortium, closed the project financing for the Line 6 of the São Paulo subway in Brazil. Total project costs are approximately $3 billion, with the project financing package comprising $1.4 billion, with the members of the consortium and the state of São Paulo contributing the balance. This is the largest-ever project financing for a public-private infrastructure project in Latin America.
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