Tuesday, 23 January 2018 07:59 GMT

Tethys inks USD100m credit facility

(MENAFN) Tethys Oil has signed a USD100 million four-year senior revolving reserve-based lending facility, Times of Oman reported

The facility leverage Tethys Oil's 30 percent in the Block 3 & 4 production sharing agreement in Oman

Currently, Tethys has a USD62.4 million bond with a fixed interest rate of 9.5 percent per year

  Most popular stories  

Day | Week | Month