Best Project Finance Deal in Finance Asia Achievement Awards 2014
The Roy Hill project, closed in April 2014, has been named as The Best Project Finance Deal in FinanceAsia Achievement Awards 2014 – Australia and New Zealand.
Societe Generale Coroporate & Investment Banking acted as Mandated Lead Arranger for the USD 7.2 billion financing of the Greenfield Roy Hill project in the Pilbara region in Western Australia.
The Roy Hill Iron Ore Mining Project is the world's largest mining project financing to date. It is currently under construction and the project will be a low cost, integrated open pit iron ore mine, railway and port facility capable of producing approximately 55 million tonnes per annum of premium quality iron ore for export to the global market with a mine life of more than 20 years.
With this award, SG CIB demonstrates its technical understanding of the Energy and Natural Resources sector, as well as its financial experience to close landmark deals in this area.