JAKARTA (AFX-ASIA) – Oil and gas firm PT Medco Energi Internasional has secured a US$320 million bridging loan to help it fund the takeover of Australia’s oil and gas firm Novus Petroleum Ltd, the Koran Tempo reported quoting Medco finance director Sugiharto. He said Medco will obtain the loan in two tranches worth US$120 million…
INDONESIA: Medco secures US$320 million loan for Novus takeover
Posted on June 8, 2004 by EnergyAsia