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Best Deal : 1999

Deal of the month

January 1999

288 MW Azito Ivory Coast IPP

with IDA, IFC, and equipment vendors

Borrower: Azito
Amount(s):
US$140m Senior
CDC $48m, 12 yrs
IFC $32m 14yrs
SG/IFC $30m (B Uncovered)
$30m WB Partial Risk
$20m Subdebt
Term: as above
Repayment: 350bp uncovered portion
Interest/Margin:  

Why-ness

Aga Khan investment fund

First World Bank Partial Risk deal in an IDA country

Is-ness

Utilising offshore indigenous gas

 

Source: PFI, Issue 159

TPEMAIL.GIF (11357 bytes)If you would like your deal here, please nominate in the above format to iaf@compuserve.com

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