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Update: ECAs consider return to EMAL 2
15 December 2011
Euler Hermes, Coface and US Ex-Im consider financing the second phase of the world’s largest single-site aluminium smelter complex in the UAE.
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export credit agency
eca
Euler Hermes
Coface
US Ex-Im
EMAL 2
Emirates Aluminium
phase two
pim
Emirates Aluminium (EMAL) is due to receive funding commitments from export credit agencies (ECAs) Euler Hermes, Coface and US Ex-Im in February 2012 for the Eu3.1 billion ($4.5 billion) second phase of its landmark smelter complex.
EMAL plans to issue the preliminary information memorandum to banks in Q1...
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