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AFICA Financed Projects

AFICA Dock and Wharf Revenue Bonds Series 2024

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AFICA Financed Projects

AFICA Borrower: San Juan Cruise Port LLC

Amount: $26,605,000 Series A1, $40,935,000 Series A2, $42,460,000 Series A3, $77,000,000 Series 2023B

Issuance date: February 14, 2024

Rating: S&P “BBB-“

Type of Financing: Public and private placement 

Finance substantial repairs and new construction to the cruise port piers 1, 3, 4 and the Pan American piers 1 and 2 and its related buildings under a 30-year concession agreement between San Juan Cruise Port LLC and the Puerto Rico Ports Authority.

AFICA Dock and Wharf Revenue Bonds Series 2024