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Oman Gas Signs Loan Agreement with Domestic, International Banks

Source: Reuters 11/6/2018, Location: Middle East

State-owned Oman Gas Co. has signed a financing agreement with a group of seven local and international banks, the firm stated on Twitter, without giving details on the size of the financing.

The natural gas transport company, which was bought by state-owned Oman Oil Co. in 2013, was seeking to raise a loan of just over $1 billion to back its capex plans, sources told Reuters in February.

The company planned to refinance the facility via a U.S. dollar bond issue at a later stage, sources added.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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