MANILA (AFX-ASIA) – Oil refiner Petron Corp has awarded the mandate for a five-year US$100 million loan to the consortium of Citigroup, ING Bank and Saudi American Bank, the Philippine Star newspaper reported, citing company documents. Proceeds of the loan will be used to finance Petron’s US$100 million Clean Air Act-related projects, which include the…
PHILIPPINES: Petron taps Citigroup-led consortium for US$100 million loan
Posted on May 31, 2004 by EnergyAsia