News
15 August 2018

Petrofac closes on three bilateral credits

In:
Oil & gas
Region:
Europe

UK-based oilfield services provider Petrofac has raised $300 million of new two-year debt via bilateral credit agreements with existing relationship banks - Abu Dhabi Commercial Bank, ABN Amro and JP Morgan. The new facilities, which mature in 2020, provide additional liquidity and will reduce the...

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