Feb. 16 (Bloomberg) -- Project finance and infrastructure debt will swell
Australian syndicated-loan volumes as firms seek more than $90 billion of
funding for energy projects, according to Commonwealth Bank of Australia.
Six coal-seam gas and liquefied-natural-gas projects in three
Australian states will require loans in the “short to mid-term,” the
Sydney-based bank wrote in a report published today. Public-private partnerships
will also seek to raise debt in 2012 to build hospitals and prisons, according
to the report.
“The large LNG project pipeline in the natural resources sector
in Queensland, Northern Territory and Western Australia will likely require bank
debt finance, translating into elevated loan-market volumes,” according to the
report. “Project finance and infrastructure transactions will drive new money
deals in the loan market in 2012.”
Bloomberg
No comments:
Post a Comment