EIB pulls out of UK Midland Metro hospital project

In:

Infrastructure

Region:

Europe

By Sean Keating

The EIB has terminated its £107 million ($121.7 million) loan to the £350 million Midland Metropolitan Hospital PF2 project in the UK. The multilateral lender has pulled out of the deal following the collapse of Carillion which was co-sponsor of the project with local property...

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