Enerjisa powers through to sign loan

26 Jul 2012

Turkish energy firm Enerjisa signed its €750m 10.5 year export credit agency-backed facility on Wednesday despite losing the participation of mandated lead arranger WestLB at the end of June.

WestLB was mandated last year alongside Société Générale to arrange the loan. But WestLB had to withdraw from the deal after the bank was reorganised as Portigon Financial Services on July 1 as part of European Union conditions of the bank’s bail-outs during the financial crisis.

Portigon does ...

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