Complex Made Simple

Abn Amro, $57m Tanquia loan

Abn Amro has structured a $57m term loan facility for UAE-based Tanqia Free Zone Company, which will part finance the $148m wastewater treatment system for the city of Fujairah. A consortium of Bilfinger Berger and Passavant-Roediger Anlagenbau will construct the project. The loan is supported by German export credit agency Euler Hermes.