Perspective
08 April 2015
KUFPEC tops up syndi loan with $1.5bn accordion
Region:
Middle East & Africa
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.
