The project is due to be financed with up to 70% in debt, says Rogério Zampronha
Category: Ports
Volcan shareholders approve port spinoff
Proposal to separate Volcan’s 40% stake in the Chancay port gets majority support, despite criticism from Glencore
Glencore rebuffs Volcan port proposal
Swiss commodity trading and mining firm reportedly says proposal to spin off port subsidiary requires deeper analysis
Lula unveils new infrastructure program
Brazil’s president is set to outline an almost $50 bln public investment plan on Friday, raising analyst concerns about a potential deterioration in public finances
Lula unnerves investors with anti-privatization stance
Brazilian president looks to reinstate government control of power company Eletrobras and rules out a concession for the Port of Santos
Volcan, Cosco finance port project
Peruvian zinc miner and Chinese shipping company borrow $975 mln from Chinese lenders for the Chancay joint venture
Andino units places private bonds
Two subsidiaries of the Peruvian infrastructure company sell $38 mln worth of 11-year notes
Lula remains open to Santos port concession
São Paulo Gov. Tarcísio de Freitas says the president has not ruled out plans to grant a 35-year contract for Latin America’s largest port
Salaverry port refinances debt with IDB Invest
Grupo Romero-owned concessionaire raises $115 mln in a private placement to refinance a loan it took out in 2020
Zergratran opens offering for shipping tunnel
Florida-based transport infrastructure firm aims to raise $75 mln to fund pre-feasibility studies for the $15 bln PILA project