Simpson Thacher Represented MBJ Airports, Ltd. in Project Financing of Phase 2 of Montego Bay Airport Concession in Jamaica
01.13.06
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ST&B represented MBJ Airports, Ltd., a consortium of YVR Airport Services Ltd., Dragados Concesiones de Infraestructuras S.A., Agencias Universales S.A. and Ashtrom Group Ltd., in the project financing of Phase 2 of the 30-year concession to operate and make improvements to Sangster International Airport in Montego Bay, Jamaica. The International Financing Corporation has provided $85 million in construction financing out of a total cost of $173 million for Phase I and Phase 2.
ST&B attorneys working on the transaction included George Miller, Jaime Mercado, Melvina Lecaros, Jason Gonzalez and Lucila Werthein.