Bank of Ireland has secured the role of mandated lead arranger in the M7/M8 Portlaoise motorway public-private partnership (PPP) scheme.
The deal sees Bank of Ireland in charge of organising the finance behind the scheme.
The project, valued at €1 billion, will see the the existing M7/M8 extended south from Portlaoise to form a part of the N7 Dublin-Limerick route and the N8 Dublin-Cork route.
Bank of Ireland has also been appointed agent and account bank to the project.
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This section of motorway will include a toll plaza south of Portlaoise and is scheduled to be completed by September 2010.
Celtic Roads Group secured the contract to extend the existing M7/M8 south from Portlaoise, a National Roads Authority (NRA) scheme.