Bridge funds

摘要

A consortium comprising Vinci Concessions, Walsh Investors and Bilfinger PI International Holdings has secured the US$ 1 billion financing for the East End Crossing project, which is the major component of the Ohio River Bridges Project in the US. The consortium, which is equally owned by the three partners, has issued bonds worth US$ 677 million to finance the project. These have been given a "BBB" credit rating with a "Stable" outlook by both the Standard & Poor's and Fitch ratings agencies. Standard and Poor's added that it was the first time it has issued a rating for a public-private partnership of this type in the US.