The International Finance Corporation, part of the World Bank, expects to close a $2.7-billion debt refinancing for the Nacala Corridor railway project in Mozambique early next year, a senior IFC official said on Friday. The refinancing could help to ease balance sheet pressure on Brazilian miner Vale which is developing the railway and a coal mine in the region.
Source: www.engineeringnews.co.za
IFC close to .7bn debt refinancing for Mozambique’s Nacala railway
Made with by iNCO Creative.