major dutch road refinancing

On 31 May 2016, the sponsors of the Dutch A1/A6 road reached financial close on refinancing of its short and long-term senior debt.

The sponsors on the project are the Dutch Infrastructure Fund (DIF), Boskalis, Hochtief and VolkerWessels. On the senior debt side, BTMU, Crédit Agricole, KfW and NordLB all upped their existing commitments and replaced other existing banks in the process. EIB and LBBW are also part of the refinancing deal and their original investment remains unchanged. This was a rare project, debt being refinanced during construction to make the most of favourable market conditions.

We were delighted to provide model audit service on this major European road transaction from our teams based in London and Delhi.

themodelauditor.com is the blogsite of the Mazars model audit team – the global #1 in financial model audit.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>