Commuting in Toronto made easier

Posted 24/05/2018 by Sharlene Hay

Toronto Skyline

How do you make commuting in Canada’s largest city easier than ever before?  Toronto moved one step closer to this reality with the Finch West LRT project reaching financial close on May 7, 2018.

Infrata was appointed as Lenders’ Technical Advisor in 2016 and our analysis supported the credit approval process through the bid phase and enabled the sponsor to secure financing by giving the lenders the confidence to invest. Financing totalled USD 620 million, comprised of USD 482 million of senior debt and USD 183 million of medium and long term bonds. We are looking forward to continuing our role into the construction monitoring phase.

Read more about our work on this project here (link to http://infrata.com/projects/fi... )

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This project involved the rehabilitation and maintenance of the infrastructure, track, and diversions on the Algorta-Frey Bentos railway. This previously non-operational 141km stretch of track is part of the Uruguayan rail network.


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