News
09 January 2023

EIG goes from bonds to bank market for Aramco oil pipelines

In:
Oil & gas
Region:
Middle East & Africa

Part of the $10.5 billion five-year stapled debt financing that backed the EIG-led $12.4 billion acquisition of 49% of Saudi Aramco’s oil pipelines has been refinanced with long-term bank debt.The original financing was to have been taken out by long-term bond debt but last year’s first...

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