Perspective
20 May 2016
InterOil signs $400m PXF to develop Papua New Guinea gas project
Region:
Asia-Pacific
The $400 million refinancing is an unusual bright spot in an otherwise moribund oil and gas market, but with no other comparable deals pricing and structuring was a challenge. Hot on its heels comes a $2.2 billion acquisition bid from rival Oil Search showing that this market has life in it yet.
