Normal
YTL proudly say in their websiteFirst IPP in Malaysia to have 100% domestic funding The project cost totals some M$4.3b, was wholly M$-financed, which was thought impossible at that time due to the project's sheer size. But YTLP secured a M$1.5b 10% 15-year bond from the Employees Provident Fund (EPF) and a M$1.16b floating rate 15- year credit facility from a consortium of banks at BLR+1.5%.Sucker !
YTL proudly say in their website
First IPP in Malaysia to have 100% domestic funding
The project cost totals some M$4.3b, was wholly M$-financed, which was thought impossible at that time due to the project's sheer size. But YTLP secured a M$1.5b 10% 15-year bond from the Employees Provident Fund (EPF) and a M$1.16b floating rate 15- year credit facility from a consortium of banks at BLR+1.5%.
Sucker !
