News
17 October 2019

Seplat raises bridging debt for Eland acquisition

In:
Oil & gas
Region:
Middle East & Africa

Nigerian independent oil and gas group Seplat Petroleum Development is to finance part of its £382 million ($491.3 million) cash offer for Eland Oil & Gas via a bridge loan from sole financial adviser and lead arranger Citigroup.Eland is an AIM-quoted independent oil and gas company...

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