Sponsored by Novatek (50.1%), CNPA (20%), Total (20%) and Silk Road Fund (9.9%), the project involves construction of a 16.5 mtpa three-train LNG plant with feedstock from the South-Tambeyskoye field in the Yamal peninsula.
The project - a $30 billion expansion of TCO’s oil production in Kazakhstan which aims to boost production to 38 million tpy by 2021 from the current 27 million tpy – has a debt requirement of around $20 billion which will be raised via bonds and loans.
The deal has a number of conditions precedent to meet before full financial close, including Sinosure approval for debt cover.
Both new hires are aviation finance specialists.
Notes will be issued via Torefjorden, an Ireland-domiciled special purpose vehicle owned by Arctic Aviation Assets (a wholly owned subsidiary of Norwegian Air Shuttle).
The now 40th participating state seeks to become the regional logistics hub.
In February, Puma announced plans to expand operations in Asia, Africa and Latin America and part of the debt-raising will fuel the capex needs of that expansion.
The aircraft is part of Finnair’s 2015-2023 long-haul fleet renewal programme.
The deal between ADB and SIDA is a first for both parties.
The proceeds finance 22 aircraft delivered new to American between November 2015 and August 2016.
Repayment will be in semi-annual installments starting from six months after the loan's signing date.
EPM has a supply contract to buy turbines and generators from Alstom Energias Renovaveis, a Brazilian subsidiary of French manufacturer Alstom
Based in London, Sturrock will focus on advisory and placement in the public agency sector, including multilateral development banks and export credit agencies.
The two repayments have brought the company’s total debt repurchase to $2.3 billion in the year to June 30.
Hyundai Rotem will officially sign the contract at the end of July.
The deal finances stage 1 of the $180 million project.
The wind farms with a total contracted capacity of 364 MW, represent one of Canada’s largest wind power projects.
In the new study, “Trade Finance and SMEs: bridging the gaps in provision,” Azevêdo states that easing the supply of credit could have a big impact in helping small businesses grow and in supporting the development of the poorest countries.
The line of credit, which is part of BADEA’s programme for financing foreign trade, will target sectors such as energy, industry and agriculture.
The sell-down has been underway for a few weeks and is set to close this month.