IFLR1000

Muscat Electricity Distribution Company $442 million financing

3/8/2015
Financing
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$ 442 million

Completed

3/8/2015

Overview:

  • Muscat Electricity Distribution Company has taken out $442 million in new financing.
  • The financing consists of a OR85 million tranche and a $221 million tranche.
  • Bank Muscat acted as lender.
  • The deal is part of a wider $1.65 billion financing project undertaken by Electricity Holding Company (the Omani national electricity company).

Sam Duke - Editor

Jurisdiction:

Oman

Deal type:

Financing

Practice area:

Banking

Industry sector:

Energy

Firm:
Latham & Watkins

Party: Bank Muscat (Lender)

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