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Allen & Overy acts on Kenya Pipeline Company financing

17 July 2015

​A consortium of Kenyan and international banks, advised by Allen & Overy, has arranged a long-term facility of USD350 million for Kenya Pipeline Company (KPC). This represents 70% financing of a new 450km multi-product fuel pipeline from Mombasa to Nairobi and replaces the existing 35-year-old fuel pipeline.

The consortium of banks includes CFC Stanbic Bank, Citibank N.A. (Kenya branch), Co-operative Bank, Rand Merchant Bank (a division of First Rand Bank Limited) and Standard Chartered Bank.
 
Allen & Overy senior associate Catherine Lang-Anderson supported on the deal.
 
For further information, please contact Susanna Robinson, susanna.robinson@allenovery.com on +44 (0)20 3088 3918.
 

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