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Colombian toll road deal trundles in

A road concessionaire in Colombia plans to roll out a Ps47 billion (US$17.7 million) securitization of toll revenues and other fees to refinance short-term loans. The seven-year deal will revamp the debt profile of Concesion Vial de Cartagena, which owes Ps31.6 billion (US$11.9 million) to the financial sector and...

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