Sports Hub’s financing commitments explained

Author: | Published: 6 Sep 2010

Singapore’s Sports Hub project contains unique refinancing commitments to tackle the scarcity of long-term debt in the market.

The $1.29 billion deal, which is the world’s largest PPP sports infrastructure project, has a 25-year concession, but with senior debt standing at 10 years, a solution was needed.

“So a refinancing package was designed to...