September 2016 - Kingston Container Terminal Closes and Funds

Astris is pleased to announce the successful closing and funding of the financing for the expansion and rehabilitation of the Kingston Container Terminal in Jamaica. Astris advised CMA CGM throughout the financing process all the way to disbursement. The US$ 265m debt package is underwritten by a club of agencies including the Inter-american Investment Corporation (IIC), PROPARCO, DEG, FMO, CIFI as well as a number of B Lenders. This transaction illustrates Astris's ability to support our clients through challenging financing processes involving many lenders often in the most complex environment from a credit perspective. We are very proud of this achievement which adds to Astris's track record in the port sector.