VOL. XXXVIIINO. 531-OCTOBER-1994

Project Finance

Financing Close To Completion For Oman's Al-Manah Power Plant

Commercial financing for Oman's Al-Manah power station, which is being fundedby the private sector on a build, own, operate and transfer (BOOT) basis, isalmost complete. The senior loan being raised by local banks has been arrangedand the export credits, being arranged by Banque Indosuez and Banque Paribas andsupplied by foreign banks, were heavily oversubscribed. Bank Dhofar Al-Omani...