Six Kentucky group banks that could possibly be competing for enterprise have agreed to work collectively as constitution members of the specialty $ 150 million Commonwealth Infrastructure Fund to finance public-private partnerships (P3) in Kentucky.Within the subsequent few months, CIF is anticipated to disclose a number of inaugural offers.We’re 5 to 10 potential tasks that ought to begin someday in 2018. We anticipate to make loans to 2 or three tasks in 2018 after the underwriting course of has been accomplished, mentioned John Farris, who manages CIF. We imagine we are going to lend out all $ 150 million over three to 5 years…
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