In Brief - Middle East
- From: Vol 10, Issue 1 (January 2009)
- Category: Brief
- Region: Middle East
- Country: Algeria, Israel and United Arab Emirates
* The banks arranging the debt for two wastewater treatment plants in Abu Dhabi and Al Ain have put a bridging facility in place so that developers Veolia and Besix can start construction on schedule.
Commercial signing of the facility took place on 19 December. Arrangers Calyon, Natixis, KBC and Mizuho will put up the bridge on the understanding that the Government of Abu Dhabi will buy out the debt if it proves too expensive to refinance it with a term loan on maturity.
* Metito has been awarded a USD21 million EPC contract for a ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
