about 14 years ago
Australia Pacific LNG has completed a $2.5 billion, 16-year project finance loan with nine banks, Bloomberg reported, citing unnamed source. Proceeds will be used for the project and the loan pays a margin of between 200 to 300 basis points more than the London interbank offered rate, increasing to
Australia Pacific LNG has completed a $2.5 billion, 16-year project finance loan with nine banks, Bloomberg reported, citing unnamed source.
Proceeds will be used for the project and the loan pays a margin of between 200 to 300 basis points more than the London interbank offered rate, increasing to more than 300 basis points once the field is in the post-construction phase, Bloomberg reported.
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