VOL. XLVI

No 43

27-October-2003

ENERGY FINANCE

Ras Laffan LNG Sends Out Proposals To Refinance Through Bond Issue

Ras Laffan Liquified Natural Gas Company (RasGas) recently sent out an exploratory proposal to banks for the possible refinancing of the bank loan and export credit agency (ECA) portion of its outstanding debt through a bond issue, MEES understands. The outstanding amount is around $700mn and the expected bond issue would probably be of this magnitude. RasGas is satisfied with the...