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EFIC funds Leighton’s equipment lease for Mongolian mine
20 September 2011
The Australian export credit agency EFIC funds Leighton Asia’s lease of mining equipment, allowing it to expand its operations in a Mongolian coal mine.
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export credit agency
eca
EFIC
Leighton Asia
Mongolian coal mine
structured lease
BNP Paribas
Ukhaa Khudag
The Export Finance and Insurance Corporation (EFIC), through BNP Paribas, has provided an $81.7 million direct loan to Leighton Asia allowing it to lease of a mobile mining fleet and equipment for its expanding operations in a Mongolian coal mine.
Leighton Asia, a wholly-owned subsidiary of Leighton Holding Limited, has operated the Ukhaa Khudag coal...
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