News
16 December 2024

ChemOne's PEC project secures $3.5bn but faces further delay

In:
Chemicals/Petrochemicals
Region:
Asia-Pacific

ChemOne Group's Pengerang Energy Complex (PEC) has successfully negotiated terms on an ECA-backed $3.5 billion financing package. Pricing on the 16-year loan is high at 200bp all-in and it is expected that premiums will be paid up front.The package - which will form the bulk of a total...

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