Premium in brief

Galician road PPP refinanced
22/05/2017 17:05:39

Sponsors of the €745 million ($837 million) 25-year availability-based Costa da Morte road concession – Copasa, CRC, Covsa and Taboada y Ramos - have refinanced the project following start of operations. The 42km Galician road still has 22 years to run on its concession. The project was originally financed in 2015 with €114 milli...

Eurtotunnel refinancing priced
22 May 2017

Eurotunnel’s Channel Link Enterprises Finance (CLEF) tranche C refinancing has priced. Goldman Sachs and Deutsche Bank, arrangers of the orig...

Blockchain breaks the mould in India with end-to-end L/C transaction
22 May 2017

India’s first end-to-end financing via blockchain has been achieved, but how long will it take for the technology to filter through to all in th...

SEC's first power company to be privatised in 2018
22 May 2017

The first of four power generation companies owned by state-utility Saudi Electricity Co (SEC) will be privatised in 2018. SEC's total 55GW capaci...

NordLB places third Northvest securitisation
18 May 2017

NordLB has securitised a third tranche of its Northvest credit portfolio. The first Northvest €450 million placement was in 2014, followed by ...

In depth

A zest to invest: New fintech platform sparks interest from banks
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A zest to invest: New fintech platform sparks interest from banks
Lucy Palfreeman
17 May 2017

A new electronic platform - CCRManager - has found a pragmatic approach to digitalising trade finance processes, and banks are taking notice.

Perfect 10 Lotte Chemical USA: Banking on relationships - a TXF ECA/project finance Deal of the Year
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Perfect 10 Lotte Chemical USA: Banking on relationships - a TXF ECA/project finance Deal of the Year
Max Thompson
17 May 2017

An untied ECA-backed facility and not a US lender in sight, Lotte Chemical leveraged its existing lender relationships and pulled off a competitively priced project facility despite unforeseen hurdles.

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