News Formal

Afreximbank: We provided $650m loan for Oando’s acquisition of NAOC

  • 📰 thecableng
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Afreximbank says it arranged a senior $500 million and a junior $150 million reserve-based lending facility for Oando.

The African Export-Import Bank says it arranged a senior $500 million and a junior $150 million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited.

the value of oil and gas reserves determine the quantity of a lending facility accessible to the borrower. Afreximbank said the JV still has reserves of 1.2 billion barrels of oil and 10.7 trillion cubic feet of natural gas.“Afreximbank, retained as mandated lead arranger for the transaction, also served as bookrunner, coordinator, underwriter, escrow agent, facility agent and security trustee, and also participated and underwrote US$350 million of the facility,” the statement reads.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Oando completes $783 million Agip acquisition dealOando PLC has announced the successful acquisition of Eni’s Nigerian subsidiary, Nigerian Agip Oil Company (NAOC).
Fonte: GuardianNigeria - 🏆 1. / 94 Consulte Mais informação »

Oando completes $783 million Agip acquisition dealOando PLC has announced the successful acquisition of Eni’s Nigerian subsidiary, Nigerian Agip Oil Company (NAOC).
Fonte: GuardianNigeria - 🏆 1. / 94 Consulte Mais informação »