17 Nov 2016
Reliance Industries Large Ethane Carriers
Financing for Reliance Industries Very Large Ethane Carriers - Reliance Industries took delivery from Samsung Heavy Industries of "Ethane Crystal", the first of six Very Large Ethane Carriers being built under the project. Ethane is a major byproduct and its delivery from the US to India will permit its use within Reliance refineries and processors. At 80,000 cbm, they have almost twice the capacity of older Ethane carriers. The project was financed with an 80:20 debt:equity ratio. The financing package consisted of an ECA tranche and a commercial lender tranche.
Financial Centre : London Law Firm : Milbank Lawyer : John Dewar
Practice Area : Project Finance and Infrastructure Classification : Project Finance Sub-classification : Industrial Industry : Industrial Transportation
Advised Party : Debt Provider Value USD Equiv: 500.01-1000.00M
Editorial
17 Nov 2016 Reliance Industries Large Ethane Carriers
Financing for Reliance Industries Very Large Ethane Carriers - Reliance Industries took delivery from Samsung Heavy Industries of "Ethane Crystal", the first of six Very Large Ethane Carriers being built under the project. Ethane is a major byproduct and its delivery from the US to India will permit its use within Reliance refineries and processors. At 80,000 cbm, they have almost twice the capacity of older Ethane carriers. The project was financed with an 80:20 debt:equity ratio. The financing package consisted of an ECA tranche and a commercial lender tranche.
Financial Centre : London
Law Firm : Milbank
Lawyer : John Dewar
Practice Area : Project Finance and Infrastructure
Classification : Project Finance
Sub-classification : Industrial
Industry : Industrial Transportation
Advised Party : Debt Provider
Value USD Equiv: 500.01-1000.00M
Project Location : India
Equity Sponsor : India