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Perspective
08 April 2015

KUFPEC tops up syndi loan with $1.5bn accordion

Region:
Middle East & Africa
News, Data & Events Executive
The Kuwait Foreign Petroleum Exploration Company (KUFPEC), a subsidiary of Kuwait’s national oil company Kuwait Petroleum Corporation, has exercised the $1.5 billion accordion feature under its existing $1 billion five-year term loan facility, which was signed in November 2014.

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