Legal Week reports
June 25, 2003 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Herbert Smith has closed loans worth £550m for key finance client London & Continental Railways (LCR) as the company enters the final stages of the Channel Tunnel Rail Link (CTRL) project.
The financing – a £400m loan from the European Investment Bank and a £150m loan from Kreditanstalt fur Wiederaufbau – will be used to complete section two of the public-private partnership CTRL project from Southfleet via a new international terminal at London St Pancras.
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