Metro De Lima Obtains Revolving Credit Facility
Miranda & Amado has advised Credicorp Capital Servicios Financieros S.A. and Banco de Crédito del Perú in connection with the structuring and granting of a revolving credit facility in favor of Metro de Lima Línea 2 S.A. for an amount of up to S/ 100 million (approximately USD 28.7 million at the current exchange rate).
The proceeds of the financing will be used by the company in order to finance the payment of Value Added Tax (VAT) within the context of the construction and development of the underground railway project "Linea 2 del Metro de Lima y Callao".
The...
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