VOL. XLV

No 39

30-September-2002

EGYPT

ELNG Requests Lead Arrangers For $1.15Bn ProjectFinancing

In what isto be the largest ever project financing deal in the country, Egypt LNG (ELNG) isseeking lead arrangers for $1.15bn worth of financing, with $950mn-$1bn to comein the form of loans and guarantees from international banks and $150mn-200mnfrom Egyptian banks, said the projects financial advisor SociétéGénérale. Stephen Craen,Director in Société GénéralesProject Finance Group, told MEES that...