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02 July 2013

Shoreline Natural Resources secures RBL financing

Middle East & Africa
Oil producer Shoreline Natural Resources (Shoreline) in Nigeria has secured a refinancing facility which gives it better terms, structure and a longer tenor over an existing bridge loan facility. The refinancing is structured as a five-year $500 million senior secured revolving reserves based lending (RBL) facility. The new facility can be increased up to $600 million.

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