Taqa powers through with Morocco project financing

Abu Dhabi National Energy Company (Taqa) has signed a $1.4bn-equivalent project financing to expand its Jorf Lasfar coal project in Morocco. 

  • 01 Feb 2013

The bulk of the financing is a $1.3bn-equivalent 16 year non-recourse loan facility split between US dollars and Moroccan dirham. BNP Paribas, Société Générale and Standard Chartered Bank are the mandated lead arrangers for the international tranche.

Morocco’s Banque Centrale Populaire is the mandated lead arranger for the local ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%