Black & Veatch and Thames Water complete Ajman financing
- From: Vol 4, Issue 2 (February 2003)
- Category: General
- Region: Middle East
- Country: United Arab Emirates
- Related Companies: Bayerische Hypo- und Vereinsbank, Bayerische Landesbank, Besix, Black & Veatch, Denton Wilde Sapte, KEO International Consultants, Mashreqbank, Mizuho Corporate Bank, Six Construct, Thames Water and United Arab Bank
Four banks have come in on the deal.
The debt package for the Ajman wastewater concession was finalised last month meaning that construction of a 49,000m3/d WwTP and associated collection network can begin soon.
The final loan amount was $77.5 million arranged as a club deal. The four lead arrangers are Germany’s Bayerische Hypo-und Vereinsbank (HVB) and Bayerische Landesbank, and local banks Mashreqbank ...
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