VOL. XLVII
No 20
17-May-2004
ENERGY FINANCE
ELNG Train One Syndication Nearing Completion Following Financial Close
MEES understands the second phase of syndication for the Egyptian LNG (ELNG) projects international credit facility for Train 1 is expected to be completed within the next week. The syndication has proven more successful than expected and more than 15 banks, from Europe, the Middle East and Asia, have confirmed their commitment, although the process was held up by a couple of banks...
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