KBC Bank has been putting out calls testing interest in its planned re-launch of the $300 million non-recourse loan funding a 725 MW plant in Perryville, La. The fully underwritten deal, which stalled in syndication last summer (PFR, 8/20), will resurface with additional equity, a reduced tenor, a faster amortization rate and higher returns, according to one banker close to the deal. He referred further questions to Eric McCartney, head of project finance for the Americas at KBC, who did not return calls. The deal is expected to resurface next month (PFR, 1/21).
March 03, 2002