News
12 August 2020

Petron sounds out banks for new loan with higher margin

In:
Oil & gas
Region:
Asia-Pacific

Philippines-based oil refiner Petron is sounding out banks for a self-arranged club loan in response to the impact of the Covid crisis.Petron and the group of banks are currently in talks to raise a three-year facility, which was initially said to be at $350 million but it has since been said that...

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