News
03 February 2021

Xiamen Xiangyu steel plant closes ECA-covered loan

In:
Metals and Mining
Region:
Asia-Pacific

Obsidian Stainless Steel – a joint venture between China’s state-owned Xiamen Xiangyu (51%) and Jiangsu Delong Nickel Industry (49%) – reached financial close on a Rmb6.88 billion ($1.06 billion) debt package to finance the Xiamen Xiangyu integrated steel plant in Indonesia. The...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...