Terport raised USD28 MM from Banco Continental

Banco Continental approved a structured 12-year US$28 million dolllar credit facility, to Terminales Portuarias S.A. (“Terport”), jointly owned by Grupo Dos Santos and Compañía Marítima Paraguaya Terport will use the funds to finance the construction of Terport’s new port terminal for container ships in Guyrati, Villeta This new terminal will benefit from a strategic location and will enable Terport to service larger ships; it will increase the static cargo storage capacity from 4,500 Teus to 13,350 Teus Alpax acted as exclusive financial advisor to Terport