LEADING-EDGE TRANSACTIONS: What are Leading-Edge Transactions for Possible Replication?

Name:Autopista del Maipo (ICO, MBIA)
Entered On:11/07/2007 at 02:36 PM
Updated On:06/04/2009 at 02:45 PM
Year of Financial Closure:2005
Host Country:Chile
Project Majority Ownership:private
Innovative Aspects:The restructuring of the Autopista del Maipo Project in 2005 is a leading edge transaction due to several aspects: it mitigated foreign exchange risk through a long-term cross currency swap in which the Instituto de Credito Oficial from Spain acted for the first time as counterparty to a company of an unprecendented size ($520 million) and tenor (18 years)
Source(s):
Documents: Chile - Autopista del Maipo - Feller (2006).pdf
Chile - Autopista del Maipo - Fitch (2007).pdf