CSX WORLD TERMINALS CLOSES FINANCING FOR DOMINICAN REPUBLIC TERMINAL
CSX World Terminals LLC said Wednesday it has closed $195 million of project financing for the construction of a new terminal facility in Punta Caucedo, in the Dominican Republic.
The loan was syndicated by Scotiabank, based in Toronto, and includes the participation of Deutsche Investitions-und Entwicklungsgesellschaft mbH, the International Finance Corporation, and a guarantee by Coface, the French Export Credit Agency.
CSX World Terminals is a shareholder in Caucedo Investments Inc., a joint venture between CSX World Terminals Dominicana and Caucedo Development Corp.