Royal Bank of Scotland has been chosen as an arranger on three separate loans together worth €15.75bn ($18.7bn) to fund the acquisition of toll road companies from the French government.
Vinci, which won the bidding on Autoroutes du Sud de la France, has secured a €6.5bn loan from Calyon, RBS and SG Corporate and Investment Banking to back its €9.1bn acquisition of a 77% stake.