EMEA: Portugal - Talks to begin on HSR financing
The Brisa/Soares da Costa/Iridium/Bento Pedroso consortium, advised by CaixaBI, will in the next few days start talks with banks on the financing of the Lisbon-Poceirão section of the Lisbon to Madrid high-speed rail PPP. The commercial debt to be raised is only about €100m, as the EIB is providing the majority of the debt, with the European Commission providing subsidies for the €1.5bn project.
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