Copying and distributing are prohibited without permission of the publisher
Deal Analysis: Saudi Electric direct ECA loan
08 September 2009
Saudi Electric Company had never taken direct export credit agency financing before this year. The deal was also a first for US Ex-Im and EDC working together to arrange a direct loan. Calyon brought this unique deal together. Naomi Christie analyses the transaction.
Read more:
US Ex-Im Saudi Arabia
GE turbine
EDC Saudi Arabia
Calyon Saudi Arabia
ECA direct lending
export credit Gulf
Saudi Electric
“It was a first in a number of respects, not only because it’s the first export credit for SEC,” says Calyon’s Andre Gazal, head of export finance for the Americas. “It was also the first corporate loan by US Ex-Im into The Kingdom, and by EDC as well. It was also the largest supported financing by US Ex-Im for GE equipment.”...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the latest news and analysis for two days
(excluding some surveys and articles). Start your free trial today.
