News
04 January 2019

RAPID to close $3.5bn ECA-backed facility in H1

In:
Chemicals/Petrochemicals, Oil & gas
Region:
Asia-Pacific

Sponsors of the $15.3 billion Pengerang refining and petrochemical integrated development (RAPID) project in Malaysia – Petronas (50%) and Saudi Aramco (50%) – are expected to reach financial close at the end of Q1 on a $3.5 billion ECA-backed bridge loan refinancing.Banks are said...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
03 September 2026

Taean: A Korean offshore wind test case for ECAs

The embryonic Korean offshore wind market is a long way off project finance adolescence. A viable ECA-backed template for big-ticket projects is set to emerge next year – but...

Perspective
03 September 2026

Serica and Adura: A modest comeback for North Sea RBLs

Serica Energy’s oversubscribed $750 million refinancing and Adura’s $3 billion RBL show that bank liquidity is returning to the UK’s North Sea. But it is returning on terms...