It is not often that the takeover of one company by another makes
all parties involved look bad ? but the takeover of Welsh utility
Hyder by Western Power Distribution (WPD) this month comes pretty
The debt package backing the Aberdeen wastewater project signed on
24 August 2000. The £92 million ($138 million) debt comes in the
from of a syndicated bank loan ? the first time that a PFI scheme
for a Scottish water project has not gone ahead as a capital
markets or club bank deal. In doing s...
1999 saw a wave of privatizations in Latin America, but few of the
lucky bidders have decided to approach the loan markets to date.
The mixture of good quality concession-holders, a continuing
reluctance on the part of local offtakers to rationalise
themselves, and the move towards management- r...