European lenders squeezed by pricing on Barzan gas PF

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European lenders squeezed by pricing on Barzan gas PF

Qatari gas project Barzan has invited banks to commit to its $4.7bn project financing loans. However, European lenders described the initial margin, 130bp, as “aggressive” in light of the increased cost of dollar funding although several bankers said that the deal would raise enough commitments.

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