Thameslink funding struggles

摘要

According to a report in Infrastructure Finance News on October 28, banks funding the Siemens-led Thameslink train service provision deal are seeking improved terms as a result of rising liquidity costs. Commercial close is now considered unlikely to be achieved this year (RB1401 p1). Other groups seeking funding for turnkey rail projects have reported similar reactions in response to the worsening economic climate. Increases of up to 130 basis points have been instanced.