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Mining & Metals

01 July 2005

Qasco expansion debt signed

The $560 million project debt facility for Qatar Steel Company (Qasco) signed on 4 July.

The 17-bank club deal consists of a mix of local, regional and international banks: Ahli United Bank, Ahli Bank of Qatar, Arab Bank, Arab Banking Corporation, Calyon, Commercial Bank of Qatar, Doha Bank, Gulf International Bank, HVB, Mashreqbank, Mizuho, Natexis Banques Populaires, Qatar National Bank (security agent and account bank on and offshore), Royal Bank of Scotland, SG CIB, Standard Chartered (also...


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Are staple financings a useful add-on in project/infrastructure M&A?

Most of the time
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Sometimes
44%
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33%
Too expensive
11%

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