Lenders plug into Slovenian power supplier with guarantee
Slovenian power company, Termoelektrarna Sostanj (TES) has signed a $110m guarantee facility with a group of six mandated lead arrangers led by Intesa Sanpaolo. The guarantee covers a loan to TES from the European Investment Bank.
The indemnity agreement has a five year maturity and covers a loan to finance the construction of a new thermal power plant.
Bank of Tokyo-Mitsubishi, Caja de Ahorros y Monte de Piedad de Madrid, Zweigniederlassung Wien, Intesa Sanpaolo, Société Générale and UniCredit joined the mandated lead arrangers group.
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