Braskem Says Idesa Obtained $408m Funding for Mexico Terminal

Braskem’s subsidiary Idesa, in partnership with Advario, concluded the process of obtaining financing of $408m for the construction of the ethane import terminal in Mexico TQPM, according to a filing.

• Financing will be carried out in the Syndicated Project Finance Loan modality
  • Maturity in 5 years
• NOTE from March 1st: Braskem Concludes Sale of 50% Stake of TQPM to Advario

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Original Story:Braskem: Idesa obtém US$ 408 mi para construir terminal México

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Caio Rinaldi in Sao Paulo at crinaldi16@bloomberg.net

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