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01/08/2012

Offshore Gas Field Development Finance TAMAR Offshore Gas Field Development Finance

SG CIB acted as MLA, Modelling Bank and Hedging Bank for a USD 900m senior secured term loan facility designed to finance development costs for the Tamar field, a giant, world class gas field located offshore Israel. The field is expected to come on stream in April 2013.

SG CIB acted as MLA, Modelling Bank and Hedging Bank for a USD 900m senior secured term loan facility designed to finance development costs for the Tamar field, a giant, world class gas field located offshore Israel. The field is expected to come on stream in April 2013.