SapuraKencana Petroleum secures RM16.5bil refinancing


KUALA LUMPUR: SapuraKencana Petroleum Bhd has concluded the refinancing club deal for RM16.5bil (US$5bil) from 13 local, regional and international banks.

It said on Thursday the funds were to replace and streamline facilities inherited following the merger of SapuraCrest Petroleum and Kencana Petroleum in 2012.

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