Sinohydro Corporation

Annuity Road LOT 32 - MIGA guaranteed loan

Borrower(s)
Sinohydro Corporation
Industry
Social infrastructure/Road
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Kenya

Project Overview

MIGA has issued more than $50mn in guarantees to two banks to cover loans it had granted a construction company Skar Lot 32 Development Corporation Ltd. working on a 66.4 km rural road in Kenya. The road will be upgraded from earth/gravel to bitumen.

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Deal Volume
$51.44m
Financial Close
29/10/2020
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Project Deals

Annuity Road LOT 32 Project
$51.44m
Greenfield
Road
Africa
Africa
Kenya