Sole arranger SG has launched general syndication of the £240m project financing for Great Yarmouth Power Limited. Banks have been invited to join at one ticket level of £15m each. Fees have not been disclosed. The co-arranging phase closed very positively and Abbey National Treasury Services, Bayerische Landesbank, Bank of Tokyo-Mitsubishi, Bayerische Hypo-und Vereinsbank, Industrial Bank of Japan, KBC Bank and Royal Bank of Scotland brought in. Lloyds TSB Bank joined with a £15m take-and-hold position.
October 15, 1999