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TAP completes successful Euros 3.9 billion project financing

TAP completes successful Euros 3.9 billion project financing

11 January 2019

As one of Europe’s most strategic projects, TAP successfully completed financial close in December 2018, securing Euros 3.9 billion - the largest project finance agreed for a European infrastructure project in 2018. The financing is provided by a group of 17 commercial banks, alongside the EBRD and the European Investment Bank (EIB). Part of the financing is covered by the export credit agencies - bpifrance, Euler Hermes and Sace.