Following a long delay that stretches back to 2000, the official mandate for the US$1 billion 16 year project financing for BLCP Power has finally been awarded. The deal is split between a US$500m offshore portion and a US$500m Baht equivalent onshore tranche and may also include some support from the Japan Bank for International Cooperation JBIC or the Asian Development Bank ADB.
Arrangers formally appointed for the offshore loan comprise ANZ Investment Bank, BNP Paribas, Credit Lyonnais, Fortis Bank, KBC Bank, NordLB, SG Asia, Sumitomo Mitsui Banking Corp and WestLB. The banks group for the onshore segment is yet to be finalised, but according...
