News

Tunisian Airports Project Reaches Financial Close

This project involves the construction of a new airport in Enfidha and the refurbishment of the existing airport at Monastir, both in the northeast of Tunisia. The concession period lasts for 40 years and includes the operation and maintenance of both airports.

This EUR560 million project is one of the largest recent private sector investments in Tunisia and the first airport private sector concession in the Maghreb region.

IFC underwrote the debt which was then syndicated to the mandated lead arrangers, being ABN Amro, Societe General and Standard Bank.

Operis provided financial model auditing services, as well as a full tax and accounting review on behalf of the mandated lead arrangers.

18 July, 2008