AuSur S.A.’s $15 Million Bridge Loan

MBP Partners advised on the transaction

AuSur S.A. secured a $15 million loan from Banco de Inversión y Comercio Exterior (“BICE”) in order to finance the constrution of Corredor Vial Sur.

AUSUR S.A. is a consortium formed by Rovella Carranza, JCR SA and Mota-Engil.

The company was established for construction of road infrastructure in Argentina. It owns the Corredor Vial Sur transformation project (298.63km), which links the city of Buenos Aires with the south of the province. The project was tendered in the Public-Private Participation scheme in 2018.

MBP Partners advised AuSur, Rovella, JCR and Mota with Victoria Bengochea (Picture) Ignacio Meggiolaro, María Soledad Lescano and Martina Caunedo.

Involved fees earner: Victoria Bengochea – MBP Partners; Martina Caunedo – MBP Partners; Ignacio Martín Meggiolaro – MBP Partners;

Law Firms: MBP Partners;

Clients: AuSur S.A.; JCR SA; Mota-Engil SGPS, S.A.;

Author: Ambrogio Visconti.