Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

Medupi & Kusile – ECA-backed financing

26 March 2010

BNPP leads for Medupi and Kusile

MLA: BNP Paribas
Borrower: Eskom Holdings
Amount: e1.185 billion
ECAs: Coface
Tenor: Medupi – 16-years, door-to-door. Kusile – 12-years, door-to-door
Lawyers: Allen & Overy for lenders; White & Case for borrower
Equipment exporter: Alstom Power Systems France

In a dramatic conclusion to 2009, BNP Paribas (BNPP) acting as sole mandated lead arranger, documentation bank and French export credit agency – Coface – agent, structured this landmark a1.185 billion export credit for South Africa’s power generation company Eskom. The deal was signed on 23 December, 2009. These credits...


Upcoming Events