VOL. XLII
No. 18
3-May-1999
UAE
Taweelah A-2 $578.5Mn Loan Underwriting Finalized
On 28 April the Barclays-led consortium of regional andinternational banks signed a $578.5mn facility with CMS Energy for thefinancing of Taweelah A-2, the UAEs first independent power plant. A Barclaysspokesperson confirmed that the underwriting stage has been finalized with aconsortium of nine banks. The 17-year facility is priced as follows: 105bpsover Libor for the first two-year construction phase, 80bps for the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!