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Shuaibah IWPP oversubscribed

19 December 2005

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The $967 million commercial loan and the $400 million Hermes-guaranteed debt backing the Shuaibah IWPP project in Saudi, have sold well with 20 banks taking a piece of the deal and more expected to join by the signing date on 21 December.

The project is sponsored by Tenaga, Malakoff and Acwapower and will...

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