Sonangol Finance agrees $1bn syndicated receivables purchase agreement facility

In:

Oil & gas

Region:

Middle East & Africa

Sonangol Group - the state-owned oil company of Angola - has signed a US$1 billion Receivables Purchase Agreement Facility for Sonangol Finance, guaranteed by Sociedade Nacional de Combustíveis de Angola, Empresa Pública. The facility, which has a five-year tenor, has been fully...

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