August 28, 2019 |
Three Asian banks — AgBank, IBK and ICBC — have backed Ameris Capital's acquistion of a natural gas terminal in northern Chile with a four-year, $120m syndicated loan, LatinFinance has confirmed.
Ameris agreed earlier this month to buy a 37% stake in the Mejillones liquefied natural gas (LNG) facility from the state-owned mining company Codelco for $194m.
One source said ICBC took a $40m ticket, but he did not say how much the other two banks committed to the loan.
According to the Korea Economi
Chilean investment fund gets $120m from AgBank, IBK and ICBC to buy the Mejillones natural gas terminal from Codelco