Bharat PetroResources out to banks with new loan RFP

Region:

Asia-Pacific

By Sean Keating

Bharat PetroResources (BPRL) is out to banks with a request for proposals (RFP) for a five- to seven-year borrowing to refinance existing debt and fund capital expenditure on its oil blocks in Mozambique and Indonesia. The $300 million dual-tenor loan comes with a $100 million greenshoe option...

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