Obsidian Stainless Steel

Xiamen Xiangyu Steel Plant - Sinosure Covered Loan

Industry
Metals and Mining/Ores & alloys
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Indonesia

Deal Overview

Obsidian Stainless Steel, a joint venture between China’s state-owned Xiamen Xiangyu (51%) and Jiangsu Delong Nickel Industry (49%) reached financial close on a debt package to finance the Xiamen Xiangyu integrated steel plant in Indonesia. The scheme marks one of the south east Asian...

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Deal Volume
$1.02bn
Financial Close
03/02/2021
Dealmakers
Sources

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Project Deals

Xiamen Xiangyu Steel Plant Project
$2.07bn
Greenfield
Ores & alloys
Asia Pacific
Asia Pacific
Indonesia