ChemOne to close PEC project debt this year

In:

Chemicals/Petrochemicals

Region:

Asia-Pacific

By Max Thompson

The $2.9 billion ECA-covered loan to back ChemOne Group’s Pengerang Energy Complex project in Malaysia is expected to reach financial close in Q2 this year. The majority of banks have been mandated with European and Chinese banks splitting large portions of the debt. SACE, Euler Hermes, CESCE...

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