KUALA LUMPUR: Yinson Holdings Bhd
's 49%-owned PTSC Asia Pacific Pte Ltd has raised up to US$300mil (RM918mil) to fund the conversion of its floating production storage and offloading system (FPSO).
Yinson said PTSC, in which PetroVietnam Technical Services Corp owns the other 51%, had on Friday completed the signing of a senior secured loan facility with Singapore's Oversea-Chinese Banking Corporation Ltd and United Overseas Bank Ltd.
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