Citi has completed a debt financing arrangement for National Power Transmission Corporation (NPT) for a total value of $200 million with a tenor of 13 years. The agreement is guaranteed by Vietnam’s Ministry of Finance and insured by the Japanese export credit agency, Nippon Export and Investment Insurance (Nexi) under Nexi’s overseas united loan insurance programme. Citi is the sole Nexi coordinator and joint lead arranger with the Development Bank of Japan (DBJ) and the Sumitomo Trust and Banking (STB).
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