VOL. XLV

No 3

21-January-2002

OMAN

Oman LNG Signs $1.3Bn RefinanceAgreement With 12 Banks

Oman LNG (OLNG) said on 9 Januarythat it had signed a $1.3bn refinancing agreement with 12 banks in the form ofa term loan facility and a $64mn debt service letter of credit. OLNG confirmedthat on 30 November it had mandated 12 international and regional banks as thelead arrangers to underwrite the term loan and the letter of credit. Theseinclude ANZ Investment Bank, Arab Petroleum Investments Corporation...