EIB To Loan $291.7M For Major Scottish Motorway Project

Law360, New York (February 24, 2014, 3:38 PM EST) -- The European Investment Bank said on Monday that it will loan £175 million ($291.7 million) toward the completion of a massive motorway project that will connect Scotland's two largest cities and enable citizens to have an easier, safer way to travel.

The M8 M73 M74 Motorway Improvements Project — which is expected to be completed by Spring 2017 — consists of the completion of the M8 motorway, as well as major improvements to the M73 and M74 motorways. The completed M8 will connect Glasgow and Edinburgh....
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