RAF B2 achieves close
- From: Vol 7, Issue 7 (July 2006)
- Category: General
- Region: Middle East
- Country: Qatar
- Related Companies: Bank of Tokyo-Mitsubishi, Calyon, Commercial Bank of Qatar, Fisia Italimpianti, General Electric (GE), Gulf International Bank, HSBC and Qatar National Bank
Construction has already started and the plant is due to become operational next summer.
Loan documents for Qatar’s Ras Abu Fontas B2 (RAF B2) power and desalination plant have been signed, enabling the project to reach financial close. The debt component is $486 million, including an $18 million standby facility. The mandated lead arrangers (MLAs) are Calyon, Commercial Bank of Qatar, Gulf International Bank, HSBC, Qatar National Bank and Bank of Tokyo- Mitsubishi ...
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