Free Trial

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

Golden Horn Bridge – ECA-backed project

02 March 2011

WestLB bridges the divide

MLA: WestLB
Borrower: Istanbul Metropolitan Municipality
Amount: e151 million ($209.6 million)
Tenor: 10 years (Tranche A: 6 years, Tranche B: 10 years)
ECA: Euler Hermes (Tranche B only)
Lawyers: Allen & Overy
Exporter: LINKAS International

Last year, WestLB successfully closed debt financing for the Golden Horn Bridge, a project over half a millennium in the making.

The design for the crossing bridge was originally designed by Leonardo Da Vinci in 1502 but it was not...


Upcoming Events