OOCEP closes debut pre-export loan

In:

Oil & gas

Region:

Middle East & Africa

Oman Oil Company Exploration and Production (OOCEP) has closed its pre-export loan debut – a $1 billion five-year facility, priced at 170bp over Libor, with a $500 million accordion option. Natixis and Societe Generale are initial mandated lead arrangers (IMLA), bookrunners and coordinators,...

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