Details Of Bank Element Of Ras Laffan FinancingAnnounced
The pricing and tenor of the bank element of thefinancing, worth $450mn, for the Ras Laffan LNG Company have become clearer. The pricingover LIBOR on the uncovered commercial loan element of the financing - for theparticipants and their roles, see MEES, 6 January - is as follows:
95bps from 1 to 5 years;
175bps from 6 to 7 years;
187.50bps from 8 to 10 years;
200bps from 11 to 12 .75 years.
The marked jump in...
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