Lloyds TSB Bank plc Panama Branch
Sector: Power Generation (CCGT) • Location: Panama
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA broke new ground with its $3.3 million guarantee to cover a loan by Lloyds TSB Bank plc to expand its Panama branch. The coverage, MIGA's first for a project in the country, will help the branch extend the repayment terms of the shareholder loan, which will then form part of a syndicated loan to a power generation company in Panama. The guarantee offers protection against the risks of transf
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | MIGA broke new ground with its $3.3 million guarantee to cover a loan by Lloyds TSB Bank plc to expand its Panama branch. The coverage, MIGA's first for a project in the country, will help the branch extend the repayment terms of the shareholder loan, which will then form part of a syndicated loan to a power generation company in Panama. The guarantee offers protection against the risks of transfer restriction, expropriation, and war and civil disturbance. The project's goal is to refinance a short-term facility, provide additional working capital, and finance some capital expenditures related to the upgrading of existing production facilities. The financing is expected to help the power company strengthen its balance sheet and make it less dependent on rolling over short-term debt, while helping to develop the country's overall financial sector. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |