Dec 18, 2013
- Holly Fletcher
Panda Power Funds and Moxie
Energy are on track to reverse flex the $585 million
financing package backing the $800 million, Moxie Patriot
gas-fired project. The package, which includes a $385 million B
loan and a one year $200 million delayed draw tranche, is
anticipated to settle around LIBOR plus 575 basis
points—down from the L+600-625 bps price talk, say
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