Bruno Alves
IFM is setting up a UK- and European-focused infrastructure debt business led by the former head of Barclays’ London infrastructure team.
With a second road going bust, the Spanish government and troubled road concessionaires are getting ready to square off in the shadow of a potential EU/IMF bailout.
A second road concession in Spain has filed for bankruptcy protection with a Madrid court after concluding it won’t be able to refinance some €575m of debt later this month. Two other roads in Madrid have also initiated ‘pre-Chapter 11’ proceedings.
Paul Deighton (pictured), chief executive of the London Organising Committee of the Olympic and Paralympic Games and a former Goldman Sachs executive, has been charged by David Cameron with getting the private sector to fund the government’s infrastructure plans.
Fresh from closing a €400m subordinated debt fund, AMP Capital global head of infrastructure Scott Davies talked about the infrastructure debt space and its attraction to fixed income players.
The Islamic investment firm has acquired Dubai International Capital’s shareholding in the MENA Infrastructure Fund. The latter also counts HSBC Bank Middle East and Waha Capital as investors.
Nine banks have backed Antin and Macquarie in refinancing some €480 million of debt for the French oil storage company. The refinancing was concluded about three years before the original seven-year debt package matured.
Real Infrastructure Capital Partners has managed to raise $50m from a group of development institutions to hold a first close for its Latin Renewables Infrastructure Fund. The latter is targeting a final close of $150m to $200m.
A syndicate of 17 banks backed the French developer in its refinancing of an existing €2bn facility maturing in December 2013. The new €1.78bn syndicated facility has a five-year term.
Real Infrastructure Capital Partners has managed to raise $50m from a group of development institutions to hold a first close for its Latin Renewables Infrastructure Fund. The latter is targeting a final close of $150m to $200m.