Sistema Integrado de Provisión de Flota SI2018 - Suba, S.A.S.

Suba, S.A.S. - EKN Covered Loan

Industry
Transport/Road vehicles
Area of finance
Export & Agency Finance
Region
Latin America
Countries
Colombia

Deal Overview

This financing of the purchase of 130 buses, is one of the first long term (with the other Masivo  Bogota deal), COP, cross border ECA deals done in Colombia to finance one of the Fleet Providers under the recent Concession for the Transmilenio BRT system in Bogota, under cover provided by a...

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This financing of the purchase of 130 buses, is one of the first long term (with the other Masivo  Bogota deal), COP, cross border ECA deals done in Colombia to finance one of the Fleet Providers under the recent Concession for the Transmilenio BRT system in Bogota, under cover provided by a mix of European ECA and Private Risk Insurers, being one of the first transactions ever to be covered in COP by EKN

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Deal Volume
$40.35m
Financial Close
25 March 2020
Sources
Submitted by participant(s)

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