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Huawei Tech – ECA supplier financing

02 March 2011

An ECA benchmark in Indonesia

Mandated lead arranger Standard Chartered Bank (Indonesia) arranged a benchmark non-recourse receivable financing for global telecoms firm Huawei Tech Investment to finance a three-year contract to supply and install mobile network equipment for an Indonesian operator. In an unusual move Huawei was also able to procure a client-assigned Sinosure policy covering 60% of the total deal value. This is a landmark financing that combines supplier financing with ECA-coverage and offered Huawei a single comprehensive financing package. The deal is one of the largest, and most complex, of its kind ever done in the Indonesian telecommunications...


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