GPO - Gas y Petroquímica del Occidente S.A. de C.V.

Topolobampo Petrochemical Plant - Euler Hermes Covered Loan

Industry
Chemicals/Petrochemicals/Chemicals/Petrochemicals
Area of finance
Project & Infrastructure Finance
Country
Mexico

Deal Overview

Euler Hermes is covering a loan provided by KfW IPEX-Bank for construction of the ammonia plant in Mexico. The loan also includes an Environmental and Social Action Plan (ESAP) with an independent body monitoring its implementation. It requires the borrower to comply with the Equator...

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Euler Hermes is covering a loan provided by KfW IPEX-Bank for construction of the ammonia plant in Mexico. The loan also includes an Environmental and Social Action Plan (ESAP) with an independent body monitoring its implementation. It requires the borrower to comply with the Equator Principles. 

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Deal Volume
$ 860m
Financial Close
17 July 2020
Sources

All Dealmakers

Olaf Brettschneider

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Tranches


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Projects

Topolobampo Petrochemical Plant

Greenfield
Chemicals/Petrochemicals
Mexico
$ 1.25bn