Sembcorp-Omani deal fine print: Unique 15 year deferred payment structure

Imagine a deal where the headline reads a billion dollar asset sale but in reality, there is no cash coming into the books of the seller immediately, but over a 15-year period due to a deferred payment structure.

Even the corporate guarantees issued by selling entities in favour of banks do not get extinguished post sale or get transferred to the new owner.

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