News
10 December 2019

Satorp refinancing closes

In:
Oil & gas
Region:
Middle East & Africa

Saudi Aramco and Total have closed on the refinancing of $2.245 billion of the 16-year uncovered debt arranged in 2010 for their Satorp Refinery joint venture. Pricing on the 2010 international bank tranche was 150-160bp over Libor and 125bp for the local tranche. The new deal is said to be priced...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...