Panama metro line to tunnel for more debt

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Panama metro line to tunnel for more debt

Panama
The flag bearer of Panama delegation parades into the stadium during the opening ceremony of Nanjing 2014 Youth Olympic Games in Nanjing, capital of east China's Jiangsu Province, Aug. 16, 2014. (Xinhua/Yue Yuewei) (ljr) XINHUA /LANDOV | YUE YUEWEI/LANDOV/Press Association Images

Panama’s proposed second metro line is planning to sell $619m of senior secured debt boasting an effective sovereign guarantee, via an issuance vehicle known as SPARC EM SPC.

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