FERRERE Uruguay advised the municipality of Montevideo on a structured financing transaction that raised USD 18 million to fund transport infrastructure, including a fleet of electric buses.

The Municipality of Montevideo acted as trustor opposite trustee EF Asset Management AFISA in the deal, which took place on the Uruguayan Electronic Stock Exchange.

Participating from FERRERE in this case were partner Diego Rodríguez, senior associate Federico Lemos and non-admitted associate Lucía Rosso.