IDB Invest provides US$250 million in financing to Uruguay for improvements on railroad line that connects Montevideo and Paso de Los Toros

IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros. IDB Invest will provide the funds through a “B” bond transaction, its largest such bond to date.

Source: Latin Finance