Recognized by PFI for the Americas Transport Deal of the Year
February 06, 2020
By Paul Hastings Professional
The firm advised on Project Finance International’s “Americas Transport Deal of the Year,” announced as part of the
2019 PFI Awards. Paul Hastings represented the sponsors, Sacyr Concesiones Colombia S.A.S., Sacyr Concesiones Participadas I S.L., Strabag S.A.S., Strabag AG (Switzerland), STRABAG AG (Austria), and Concay S.A., on the approximately $717.1 million dual-currency COP-USD project financing in of the Autopista al Mar toll road in Colombia, which reached financial close in March 2019. The new road will connect the city of Medellín to the main highways in the country.
The Paul Hastings team was led by Global Infrastructure & Energy partner
Bob Kartheiser, with assistance from associates
Thomas Sines and
Louise Farias. Paul Hastings has also advised on 6 other toll road financings as part of the Colombian 4G program, including Puerta de Hierra, Ruta al Mar, Autopista al Mar 2 and Conexión Pacífico 2.