R$3 billion financing of Eixo SP Concessionária de Rodovias S.A.
Allen & Gledhill advised Warrington Investment Pte. Ltd. (“GIC”), a subsidiary of GIC, as a holder of debentures issued by Eixo SP Concessionária de Rodovias S.A. (“Eixo SP”) in connection with certain transactions contemplated under a R$3 billion financing agreement between Eixo SP and Banco Nacional De Desenvolvimento Econômico E Social (“BNDES”) – with BNDES as lender. GIC also holds a 30% stake in Eixo SP, while the remaining 70% is held by Pátria Investments.
The financing is considered the largest ever toll-road project finance in Brazil.
Advising GIC as Singapore legal counsel was Allen & Gledhill Partner Bernie Lee.
