Perspectives

DeepDive reports on the topics that matter to you. Surveys and data reports that tackle market challenges and trends.

Perspective
14 August 2019

Al Dur 2: A Saudi nightmare on ECA street

Deputy Editor
in
Power, Social infrastructure
The $1.5 billion Al Dur 2 independent water and power project (IWPP) financing achieved a record length tenor on an uncovered local bank tranche, an indirect benefit of ECA support. But according to sources close to the deal, that benefit may not counterbalance the arranging 'nightmare' that went with structuring Saudi Exim’s direct loan debut.

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