Financial Close for New St. Lawrence Bridge

SNC-Lavalin and ACS Group have financed about Cdn $674 million of the Cdn $4 billion DBFM availability contract for the new Bridge Over The St. Lawrence (Champlain Bridge replacement) in Montreal. Financial close with the Signature on the Saint-Laurent Group, held 50-50 by each partner or affiliates, was reached on June 19. Moody’s Investors Service provisionally rated the bonds A3.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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