News
17 October 2018

RAPID to close $3.5bn ECA-backed facility by year-end

In:
Chemicals/Petrochemicals, Oil & gas
Region:
Asia-Pacific

Sponsors of the $15.3 billion Pengerang refining and petrochemical integrated development (RAPID) project in Malaysia – Petronas and Saudi Aramco – are expected to close a $3.5 billion ECA-backed facility by year-end to refinance a bridge loan taken out in March. Banks are said...

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