Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 19-02-2016 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Financing for Thar Block II 3.8 MT/A Coal Mining Project, Pakistan | Industry: | Mining |
| Description: |
Linklaters advised on one of the largest and most complex project financing deals along the China-Pakistan Economic Corridor.
Pakistan and China signed financing agreements amounting to approximately USD1.95 billion for the development of the Thar Block II 3.8 MT/A coal mining project and associated 2x330MW coal-fired power plant to be developed in the Thar region of Pakistan.
Linklaters acted for the lender syndicate, comprising Chinese banks led by China Development Bank Corporation, Industrial and Commercial Bank of China Limited and China Construction Bank Corporation, and Pakistan banks led by Habib Bank Limited, United Bank Limited, Bank Alfalah Limited, Askari Bank Limited, Sindh Bank Limited, The Bank of Punjab, NIB Bank Limited, Habib Metropolitan Bank Limited, Faysal Bank Limited and Meezan Bank Limited.
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| Financial Center: | Hong Kong | Value: | 1000.01-5000.00 |
| Advised Party: | Debt Provider | Law Firm | Linklaters |
| Project Location | Pakistan | Equity Sponsor | China |
| Classification: |
Project Finance Mining and Metals |
Lawyer | Stuart Salt |
