7 · Jan · 2016
Execution of USD500 million Term Loan Facility Agreement with Mizuho Bank Ltd., Mizuho Bank Ltd. Labuan branch and Mizuho B
PETRONAS Gas Berhad (“PGB”) is pleased to announce that it has, on 7 January 2016, executed a Facility Agreement with Mizuho Bank Ltd. (“Mandated Lead Arranger”), Mizuho Bank Ltd. Labuan Branch and Mizuho Bank (Malaysia) Berhad (both as “Lenders”) for a USD500 million Term Loan (“the Facility”).
The Facility shall have a tenure of 5 years from the first drawdown and is expected to be used to finance PGB and/or its subsidiaries’ general corporate funding purposes including, but not limited to, capital expenditure.
None of the Directors and/or major shareholders of PGB or persons connected to such Directors and/or major shareholders of PGB have any interest, direct or indirect, in the above said matter.
