Belvedere out
Barclays Capital, Bank of Ireland, Calyon and Unicredit have launched the £465m Riverside waste to energy plant into syndication. The 22 year deal is priced around 275bp. Fees are 175bp for £20m and 200bp for £30m. The loan runs for 22 years and has a cash sweep at year 10. The sponsor of the project, first planned in the early 1990s, is Cory.
This content is for Subscribers only
To access full PFIe.com story content you must be a subscriber. Please use the following link to register for a Free Trial.
