The Autopista Urbana Norte has executed an agreement to refinance US$ 293.8 million for the Autopista Urbana Norte highway concession with consotium of Banco Nacional de Obras y Servicios Públicos, S. N. C. (Banobras), Banco Mercantil del Norte, S.A. and Banco Santander (México) S.A.
Greenberg Traurig advised the banking consortium on the transaction.
The project includes a 9 km elevated viaduct with three lanes in each direction in Mexico City. The road became operational in November 2011. Autopista Urbana Norte, S.A. de C.V. holds the concession for 30 years for the design, finance, build and operation of the project.
Country updates
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May 06, 2020
16 teams bid for the III section of US$7.4 billion rail PPP in Mexico
Fondo Nacional de Fomento al Turismo (Fonatur) in Mexico has received 16 bids from companies for the third section of Maya train PPP project. The third section of Maya train includes the developm...
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April 29, 2020
15 teams submit bids for phase II of USD7.4bn rail PPP in Mexico
Fondo Nacional de Fomento al Turismo (Fonatur) in Mexico has received 15 proposals in response to the tender for the second section of Maya train PPP project. The project involves the development of a...
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April 22, 2020
CPP Investments and Ontario Teachers’ Complete acquisition of 40% stake in IDEAL
Canada Pension Plan Investment Board (CPP Investments) and Ontario Teachers’ Pension Plan Board (Ontario Teachers) announced the completion of the tender offer period to purchase 40% of the shar...
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March 20, 2020
RFP launched for Carretera Real del Monte Entronque Huasca toll road project
The Ministry of Public Works and Land Management in Mexico has launched a request for proposal seeking private partner for Carretera Real del Monte Entronque Huasca toll road connecting ...
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March 16, 2020
USA approves US$ 881 million Global Development Projects
U.S. International Development Finance Corporation (DFC) approved US$ 881 million in financing and political risk insurance for multiple projects that will advance development around the world.&n...
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