Tag: Sinosure

Pakistan’s K-Electric signs loan agreements for transmission system upgradation

On December 22, 2015, state-owned vertically-integrated power utility of Pakistan, K-Electric Limited executed two finance agreements structured by Standard Chartered Bank, one for China Export and Credit Insurance Corporation (Sinosure) for a supported financing of USD91.5 million and another for the Euler Hermes AG, Germany (Hermes)-backed facility of EUR46.5 million with Industrial and Commercial Bank of China, Bank of China and Standard Chartered Bank as mandated lead arrangers and lenders.

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Pakistan’s K-Electric signs loan agreements for transmission system upgradation

On December 22, 2015, state-owned vertically-integrated power utility of Pakistan, K-Electric Limited executed two finance agreements structured by Standard Chartered Bank, one for China Export and Credit Insurance Corporation (Sinosure) for a supported financing of USD91.5 million and another for the Euler Hermes AG, Germany (Hermes)-backed facility of EUR46.5 million with Industrial and Commercial Bank of China, Bank of China and Standard Chartered Bank as mandated lead arrangers and lenders.

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