MUFG led club signs $1.63 billion loan for the Baku-Tbilisi-Ceyhan Pipeline Company

Region:

Asia-Pacific

Jonathan Bell

Editor-in-chief

An international bank group led by Mitsubishi UFJ Financial Group’s (MUFG) banking arm, The Bank of Tokyo-Mitsubishi UFJ (BTMU), has signed a term loan facility for the Baku-Tbilisi-Ceyhan Pipeline Company (BTC Co) of up to $1.63 billion. This transaction follows the successful pre-payment of additional project finance facilities for BTC in September 2015.

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