David Lloyd Owen - Out of bondage
- From: Vol 11, Issue 1 (January 2010)
- Category: Analysis
- Region: Americas
- Country: Colombia
- Related Companies: FINDETER, Grupo Financiero de Infraestructura (GFI), Manila Water Company and Moody’s
sub-sovereign water funding makes a belated return.
The announcement that Colombia’s Grupo Financiero de Infraestructura (GFI) has sold COP124.9 billion ($62.5 million) of bonds to finance water and wastewater projects for local municipalities is most encouraging news. The issue has been developed on the state revolving facility (SRF) principle that has mobilised $70 billion (1988-2008) for municipal wastewater and $14 billion (1997-2007) for drinking ...
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