Friday, August 1, 2014

Fwd: Mongolia Mining Equipment



---------- Forwarded message ----------
From: European Bank for Reconstruction and Development <EBRD@public.govdelivery.com>
Date: Fri, Aug 1, 2014 at 6:04 AM
Subject: Mongolia Mining Equipment
To: iammejtm@gmail.com


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01-08-2014 12:00 AM BST

The EBRD is considering providing an A/B loan of up to USD 200 million for the project which brings together two existing clients of the Bank in Mongolia: Leighton LLC in Mongolia as Lessee; and commercial bank Khan Bank as Lessor. The purpose of the proposed transaction is to boost support to the Mongolian mining sector at this stage of the commodities price cycle, and introduce the lease of specialized mining equipment ('Yellow Goods') to mining companies in Mongolia. This will be the first major Yellow Goods lease provided in the country.

 

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Jeremy Tobias Matthews

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