ISTANBUL - TAV Tunisie signed project finance contract with creditor banks for the biggest private infrastructure investment of Tunisia.
TAV Tunisie, a Tunisian subsidiary of TAV, signed the 392.5 million euro loan agreement with the creditor banks including IFC, ABN Amro Bank N.V, Societe Generale and Standard Bank, according to a statement sent by Turkish Airports Operator (TAV) Airports Holding to the Istanbul Stock Exchange.
The statement said it was a non-recourse loan till December 31st 2010, and its final due date was 20 years.
(AY-MS)