Copying and distributing are prohibited without permission of the publisher
MMK Atakas – ECA-backed financing
26 March 2010
Strong appetite for Turkish steel assets
“What distinguishes the deal from many other plant financings is the financial engineering; a hybrid cash flow-based project finance type structure with full recourse to the corporate sponsors, with the bank club and Italian export credit agency Sace taking on an element of merchant risk in the volatile steel sector over a ten-year tenor,” comments George Grozavu, vice-president structured export finance at BNP Paribas....
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
