News
02 July 2025

Oando upsizes Afreximbank facility to $375m

In:
Oil & gas
Region:
Americas

Nigeria's Oando Oil has completed the upsizing of its reserve-based lending facility with Afreximbank to $375 million.The company’s pay down of the original $525 million facility, secured in 2019, to $100 million in 2024 created significant headroom for refinancing and enhancing...

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