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Energypac – hybrid structured finance

02 March 2011

Funding the quantum leap

This was an exceptional transaction that saw Standard Chartered Bank (Standard Chartered) take an exposure of $70 million on a small Bangladeshi owner-operated company with annual turnover of $28 million. This deal was the first structured trade financing transaction done by Energypac and the largest deal to date done by Standard Chartered for a local corporate in Bangladesh. With a strong performance track record in the power project industry, Energypac Power Generation, Bangladesh, a company with a net worth of $11 million, was looking for an opportunity to make a quantum leap in its profile. A large contract of $87 million for setting up a 100MW power plant from...


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