Citgo taking offers on 3-year loan

Citgo taking offers on 3-year loan
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02.04.2019

MOSCOW (MRC) -- Citgo Petroleum is seeking to raise USD1.8 billion through a three-year term loan to cover operating expenses and to refinance existing debt, reported Reuters with reference to three people.The financing would help Citgo, the US-based subsidiary of Venezuelan state-run oil firm PDVSA, fund operations and replace an existing revolving credit line, following US sanctions and

Full article at mrcplast.com

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