Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 12-03-2012 | Practice Area: | Debt Capital Markets |
| Deal Title: | Sharia-Compliant Facility for Tanjung Bin Power Plant | Industry: | Electricity |
| Description: |
Leading international law firm Clifford Chance has acted as international counsel to lenders to Malakoff Corporation Berhad, via its wholly-owned subsidiary, Tanjung Bin Energy Issuer Berhad, on RM6.5 billion financing for a new 1,000 MW supercritical coal-fired power plant. It will be built adjacent to the existing Tanjung Bin power plant.
The senior debt facilities include the issuance of a RM3.29 billion serially-amortising senior secured Islamic bond (Sukuk), a US$400 million term loan and a RM700 million term loan. The junior facility comprises equity loans of RM1.3 billion.
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| Financial Center: | Singapore | Value: | 100.01-500.00 |
| Advised Party: | Lead Manager | Law Firm | Clifford Chance |
| Issuer Jurisdiction | Malaysia | Listing Jurisdiction | Poland,Malaysia |
| Classification: |
Islamic Finance Islamic Finance Bank Loans |
Lawyer | Ting Ting Tan |
