News
21 November 2019

Udenna appoints MLAs for RBL to fund Malampaya acquisition

In:
Oil & gas
Region:
Asia-Pacific

UC Malampaya, a subsidiary of petroleum trader Udenna Corporation, has appointed ING and ANZ to lead arrange a debt raising to fund its acquisition of a 45% stake in the Malampaya deep water gas-to-power project in the Philippines from Chevron. The $400 million reserves based loan (RBL) will have a...

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