Algeria, January 9, 2018

1

BlueBird Finance & Projects oversees financing of a $165 million hospital project in Eastern Africa

BlueBird Finance & Projects reports successful closing of a $165 million complex financing package for an EPC Turnkey construction project of an innovative hospital, including medical equipment supply, in Eastern Africa.

The main EPC Contractor is a large international construction company. The hospital, the construction of which has recently commenced, shall be the most modern and professional in that country.

The financing was arranged based on several ECAs (Export Credit Agencies) and other unique commercial instruments, and involved several international lender banks.

BlueBird has structured the entire package and led the process until closing. The borrower of the loan is a government entity. This successful closing adds to several financing deals totaling 300 million USD, which BlueBird had closed during 2016.

BlueBird Finance & Projects, led by Nir Bareket and Ram Shalita with a team of experienced experts, specializes for more than 15 years in arranging complex financing packages for large infrastructure projects in developing countries. Among its clients are large international EPC companies and sponsors.

BlueBird is currently in the final stages of closing several additional projects in Africa in the water treatment and agriculture sectors, which total $140 million. In addition, the concrete pipeline for other deals for 2018 amounts to $420 million, in the housing, roads and IT sectors.

africabusinesscommunities



Forex News Headline



Forex Market Video