This article focuses on toll road financing, including a discussion of due diligence issues, the debt to equity ratio requirement, the structure of the financing, key challenges, quasi-equity for toll road projects and what the security package must cover. As an introduction, the article also covers the latest developments in infrastructure projects. To conclude it discusses recent government guarantees given for project financing.

This article is part of the multi-jurisdictional guide to finance. For a full list of contents visit www.practicallaw.com/finance-mjg.