ASTALDI: FINANCIAL CLOSE OF USD 2.3 BILLION LOAN TO CONSTRUCT THE THIRD BOSPHORUS BRIDGE IN TURKEY

Following the satisfaction of conditions precedent including the signing of arrangements provided for in the loan agreement involving the SPV, banks, granting authority and the Turkish Treasury Department, financial close was achieved of the non-recourse, USD 2.3 billion loan, organised by a pool of Turkish banks, for the construction and subsequent management of the Third Bosphorus Bridge in Turkey.