BR-153/414/080 toll road concession

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This project involves the concession of BR-153/414/080 toll road, located in the states of Goias and Tocantins, Brazil. EcoRodovias won the project at auction in April 2021 and signed the 35-year concession contract in October 2021. Concessionaire Ecovias do Araguaia is the SPV, which is owned by EcoRodovias (65%) and GLP (35%). The PPP covers 851km of federal highways between Aliança do Tocantins and Anápolis, crossing the states of Goiás and Tocantins: BR-153 from Aliança do Tocantins to Anápolis (624.1km); BR-414 from Assunção de Goiás to Anápolis (139.6km); and BR-080 from Assunção de Goiás to Uruaçu (87km). The package includes: $584.02m (R$3.16 billion) from BNDES, priced at IPCA + 770bps and maturing in September 2051; $85.2m (R$ 461m) loan from Banco da Amazônia, priced at IPCA + 251bps and maturing in July 2046; and $110.73 (R$ 600m) of incentivised debentures, priced at IPCA + 666bps and maturing in July 2051. The debenture placement was completed on 14 July, 2022 and the credit facilities closed on 18 July, 2022. Realfin https://ri.ecorodovias.com.br/noticias/comunicado-ao-mercado-aprovacao-de-linhas-de-credito-de-longo-prazo-ecovias-do-araguaia/ https://www.ijglobal.com/articles/165862/ecorodovias-secures-highway-financing