Sapura Energy secures RM10.3bil debt refinancing


KUALA LUMPUR: Sapura Energy Bhd’s wholly owned subsidiary, Sapura TMC Sdn Bhd has executed multi-currency financing facilities agreements (MCF 2021) to refinance its existing borrowings.

In a statement Tuesday, Sapura Energy said the MCF 2021, signed with a consortium of Malaysian, regional and international banks, provided for financing with a combined value of approximately RM10.3 bil, for a tenure of seven years.

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