Perspective
22 January 2019
How long can GCC tenors go?
In:
Oil & gas
Region:
Middle East & Africa
State-owned borrowers in cash-strapped GCC countries – Oman and Bahrain – have been using ECA-backed debt to push out tenors to around 16-17 years. But can the private sector sponsors of the Al Dur 2 IWPP financing in Bahrain push tenors even further?
