Mubadala's Tamar acquisition loan closed

In:

Oil & gas

Region:

Middle East & Africa

By Sean Keating

Mubadala Petroleum has reached financial close on the debt backing its $1.025 billion acquisition of a 22% stake in the Tamar gas field, offshore Israel, from Delek Drilling.The $720 million eight-year facility signed on 20 December 2021 and reached financial close on 15 March 2022. The debt is...

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