News
03 October 2023

Sonara completes debt restructuring with Trafigura

In:
Oil & gas
Region:
Middle East & Africa

Cameroon's national refinery, Sonara, has entered into a debt restructuring agreement with Trafigura.Under the terms of the deal, Sonara will have ten years to repay CFA14 billion ($22.7 million) owed to Trafigura with an interest rate of 5.5%. Additionally, the Cameroonian government will...

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