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Awards

2014

World Finance - Airport Deal of the Year 2014

Once again, the GRU Airport financing project was recognized with the Airport Deal of the Year award, given to Invepar and the concessionaire by World Finance, one of the world’s leading financial vehicles, based in London. The purpose of the award is to highlight, according to the publication, the "most impressive infrastructure projects in the world." The analysis uses a series of criteria to ensure that the work was carried out responsibly at all stages and in all contexts. This time, the operation was awarded at the global level, unlike the previous awards, which highlighted the project within Latin America.
Latin Finance Infrastructure Finance Awards - Best Airport Financing

In September 2014, GRU Airport and Invepar were once again recognized for the financing project of Latin America’s largest airport. This turn, it was the Latin Finance magazine who granted the award. The entire process was considered a milestone for the development of Brazil’s transport infrastructure and a model for similar projects, particularly in the transportation area. The winners are chosen by the editors of Latin Finance, based on industry analyses and information supplied market participants, including details of the transaction.
Latin America Airport Deal of The Year 2013

In March 2014, the Project Finance magazine (Euromoney) granted Invepar and GRU Airport the Latin America Airport Deal of the Year 2013 award for the financing project of Latin America’s largest airport. The factors highlighted by the publication include: the structuring of the project under the "non-recourse project finance" modality since the bridge loan; the fact that it was one of the largest transportation deals to close in Latin America in 2013; the pioneering nature of the project for being the first long-term financing for an airport concession in Brazil; the structure of financing aggregating Brazil’s development bank (BNDES) + private banks + infrastructure debenture issue, sharing the same package of guarantees. The financing will enable the development of the main investments in GRU Airport such as the construction of the Passenger Terminal 3, new aprons, expansion of the airport’s commercial area and a new parking building. The new TPS3 will have initial annual passenger capacity for 12 million passengers and 20 boarding bridges, in addition to 34 new aircraft-parking positions.

2013

Latin America PPP Deal of The Year 2012

The Project Finance magazine (Euromoney) granted to Invepar and Via Parque Rímac the Latin America PPP Deal of The Year 2012 award. The concessionaire obtained the greatest financing in Peru in 2012—an amount equivalent to US$520 million was fully raised in the Peruvian market, payable within 25 years. The project was awarded for being the first high-value operation not guaranteed by the Peruvian government and which combines bank loans from institutional investors, insurance companies and the Corporación Financiera de Desarrollo (COFIDE).
Deal of the Year 2012

Invepar received the Deal of the Year 2012 award from Latin Lawyer, one of the main international publications in Latin America’s Law area. The Company was awarded in the Regulatory category, for winning the concession of the Guarulhos International Airport, currently named GRU Airport. The concession was awarded due to its legal complexity and innovative aspect, for it is Brazil’s first large airport concession.
LatinFinance Infrastructure Finance Awards

On January 2013, Invepar Group, through its subsidiary CART, conduct an issue of debentures, part of them carrying special tax incentives, totaling R$750 million, repayable within 12 years. In the market’s opinion, the operation was a success—the demand was three times higher than the offer—and was recognized by LatinFinance, a renowned magazine in the international financial market, which granted the Group the Latin Finance Infrastructure Finance Awards, in the category "Best Infrastructure Financing". CART’s operation was also the first to include the participation of foreign investors, which was pointed out in the award.
LatinFinance Infrastructure Finance Awards

The financing project of the concessionaire Via Parque Rímac was also winner of the Latin Finance Infrastructure Finance Awards 2013. The project was awarded in the category "Best Infrastructure Finance - Andean Region" and beat the other competitors for being the first high-value operation not guaranteed by the Peruvian government and involving bank loans from institutional investors, insurance companies and the Corporación Financiera de Desarrollo (COFIDE).