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Ortiz Construcciones y Proyectos SA

10/15/2024 | Press release | Distributed by Public on 10/15/2024 11:40

Financing of Troncales I and II. LatinFinance Awards 2024

Award-winning financing in the categories "Local Currency Financing of the Year" and "Road Infrastructure Financing of the Year".

The financing of the 5G road projects, Troncales del Magdalena I and II, Colombia, has received two awards in the latest edition of the awards granted by the financial publication LatinFinance. The ceremony took place at the Yale Club in New York on October 10, 2024. Javier de la Mata, General Director of Development at Grupo Ortiz, collected the awards on behalf of the consortiums. Making possible infrastructure projects of this magnitude is an enormous challenge. Such an ambitious goal is only achievable with the generous work of a great team of professionals. The consortiums formed by KMA Construcciones and Grupo Ortiz had the support and trust of Colombian, multilateral, and international banks - Bancolombia, FDN, BID, IFC, CAF, JP Morgan, SMBC Sumitomo, and MUFG - the legal advice of Cuatrecasas, Paul Hastings, and the financial advice of BCP. Not to forget, among those whose work made this milestone possible, the teams of legal, technical, traffic, and insurance advisors such as Holland & Knight, Clifford Chance, Arup, Steer, and Aon. Thank you for your work and demonstrated commitment.