Transurban Chesapeake

495 Express Lanes Northern Extension Project (495 NEXT) – Financing

Borrower(s)
Transurban Chesapeake
Industry
Transport/Road
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

A $250 million non-recourse term loan to finance (i) a Permit Fee Buyout payment to the Virginia Department of Transportation (VDOT), eliminating a previously agreed revenue sharing mechanism as part of the concession, and (ii) ongoing capex for extension of the I-495 Express Lanes (Project NEXT)....

show more
Deal Volume
$250m
Dealmakers
Sources
Submitted by participant(s)

Did you work on this deal ?

This deal page needs more information from those involved.

Tag yourself TAG A COLLEAGUE SUGGEST AN EDIT

Tranches

To view all tranche and pricing information, login or upgrade to a subscription here

Project Deals

495 Express Lanes Northern Extension Project (495 NEXT)
$910m
Brownfield
Road
North America
North America
United States