MANILA (AFX-ASIA) – Philippine National Oil Co said it has signed a US$175 million syndicated loan with 14 banks to refinance existing obligations, mostly earlier loans taken to invest in the US$4.5 billion Malampaya natural gas project. PNOC president Thelmo Cunanan named the participants as Standard Chartered, Citibank, KBC, Chinatrust Philippines, International Commercial Bank of…

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