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Oman oil exploration closes $1 billion pre-export financing loan -source
September 19, 2017 / 11:39 AM / 3 months ago

Oman oil exploration closes $1 billion pre-export financing loan -source

DUBAI, Sept 19 (Reuters) - Oman Oil Exploration and Production, the exploration arm of state-owned Oman Oil, has raised a $1 billion pre-export financing loan, a company source told Reuters on Tuesday.

The loan, a five-year facility, was coordinated by Natixis and Societe Generale, the source said.

The loan was oversubscribed and “competitively priced”, the source added, without disclosing further details. (Reporting by Davide Barbuscia; Editing by Edmund Blair)

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