InterOil signs $400m PXF to develop Papua New Guinea gas project
The $400 million refinancing is an unusual bright spot in an otherwise moribund oil and gas market, but with no other comparable deals pricing and structuring was a challenge. Hot on its heels comes a $2.2 billion acquisition bid from rival Oil Search showing that this market has life in it yet.
![](https://cdn.txfmedia.com/assets/Images/Thumbnails/400/a9fc2cad-0de1-4a45-8630-613401720cd4.jpg)