CORRECTED: Scotiabank invites banks to ContourGlobal loan

CORRECTED: Scotiabank invites banks to ContourGlobal loan

M&A Equity Debt Project & Infrastructure Finance Energy Electricity Mexico Europe Canada Gas

This article has been corrected to show the right amount of the loan is $535 million. Scotiabank has invited other lenders to participate in the seven-year loan for $535 million that it granted ContourGlobal last month, according to sources close to the deal. The deal is expected to close in a few weeks or month, the sources said. ContourGlobal got the loan to finance the acquisition of two co-generation power plants from the Mexican petrochemical company Alpek. The British power generation comp

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial