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...

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