Autopistas del Sol issues landmark project bonds in Costa Rica
Two major international law firms, US-based Jones Day and BLP of the United Kingdom, have helped Autopistas del Sol become the first Costa Rican infrastructure operator to issue project bonds, in a $351 million dual offering that breaks new ground for project finance in the Central American country.
Citigroup was sole global coordinator and bookrunner and hired the New York and Madrid offices of Clifford Chance, as well as Consortium Legal of Costa Rica. Consortium was also counsel to the local structuring agent, Banco CMB.
Source: Latin Lawyer