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Results Chart for Delivery Method and Financing
From Private Capital Markets Directly to Producers as Debt: Six commercial banks plus the EIB have closed €714 million of financing for Belgium's Liefkenshoek rail tunnel PPP - Belgium's largest ever PPP. The EIB is lending €313 million in two tranches: €200 million unguaranteed €113 million guaranteed by the six-bank club The banks involved in the deal are as follows: Banco Santander S.A. Bank Nederlandse Gemeenten Bayern LB Fortis ING Societe Generale Corporate and Investment Banking Infrabel, the procuring authority, contributed a grant of €107 million to the project - leaving the commercial banking club to come up with the €294 million. The six banks have been mandated as MLAs and Hedge Providers by the sponsor, Locorail. In addition, Fortis has been mandated as Senior Facility Agent, Security Agent, Intercreditor Agent and Account Bank for all financing facilities, beside its role as Technical Bank. BayernLB is acting as Insurance Bank, Société Générale Corporate & Investment Banking as Financial Model Bank, Hedge Coordinator and Market Hedge Provider and ING and Bank Nederlandse Gemeenten (BNG) as Documentation Banks.