Bin Qasim 3 CCGT

Bin Qasim 3 CCGT - Euler Hermes/Sinosure Covered Loan

Borrower(s)
Bin Qasim 3 CCGT
Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
South Asia
South Asia
Countries
Pakistan

Deal Overview

Euler Hermes is covering a loan for K-Electric Limited, a company based in Pakistan. Proceeds will be used for construction of the 900MW Bin Qasim Power Station, located in Karachi. - This is the largest ECA supported corporate financing in Pakistan.- Complex financing with 2 tranches (Euler...

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Deal Volume
$414.4m
Financial Close
13/09/2021
Dealmakers
Allen Hsiao

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Sources
Submitted by participant(s),

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Tranches

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Project Deals

Bin Qasim 3 CCGT
$650m
Brownfield
Gas-fired combined cycle
South Asia
South Asia
Pakistan