Braskem America

Braskem America - Euler Hermes Covered Loan

Borrower(s)
Braskem America
Industry
Chemicals/Petrochemicals/Chemicals/Petrochemicals
Area of finance
Export & Agency Finance
Region
North America
North America
Countries
United States

Deal Overview

The project itself will be the largest polypropylene production line in the Americas with a nominal capacity of 450 kt/year, and within the USD 675 million overall project costs, Euler Hermes approved a USD 225 MM loan which has been signed by Santander (75%) and ING (25%) in May 2018. It was a...

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Deal Volume
$225m
Financial Close
30/05/2018
Dealmakers
Alexander Franke

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Bart Ponsioen

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Gernot Bruch

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Michael Peier

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Oliver Roth

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Patricia Schmitt

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Tranches

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