Milbank LLP advised a syndicate of lenders including BBVA, IDB Invest, KfW Ipex Bank, MUFG, the Bank of Nova Scotia, Société Générale, and SMBC in connection with the $1.25 billion financing for infrastructure developments at the Jorge Chavez International Airport in Lima, Peru. The capital will (i) repay the $450 million funding secured in 2020, and (ii) support the expansion of the airport, including construction of a second runway, a new air traffic control tower, and other facilities.
The Milbank deal team was led by Project, Energy & Infrastructure Finance partner Dan Bartfeld with special counsel Tim Fitzpatrick and associates Natalia Rodriguez Pastrana, John Kim, Aaron Rudyan and Danielle Holit-Gsell, with support from our Alternative Investments attorneys Elizabeth Martinez and Chloe Wang.
Mr. Bartfeld, head of Milbank’s Global Project, Energy and Infrastructure Finance Group, noted, “We are thrilled to have advised this leading group of lenders on one of the most essential airport infrastructure projects ever in the region. Milbank continues to be extremely active in the transportation infrastructure space in Latin America and globally.”
