Middle East Economic Survey

VOL. XLVIII

No 13

28-March-2005

OMAN

BNP Paribas Set To Take Financing Mandate For Two Qalhat LNG Carriers

BNP Paribas is set to take the role of mandated lead arranger to provide around $300mn in financing for two Oman Shipping Company LNG carriers, with the formal award expected to be made shortly, MEES learns. The ships will be chartered by Qalhat LNG (MEES, 13 December 2004). The deal carries margins of 40-50 bps pre-completion and 50 bps post-completion, with...