OMV Considers € 1.5bn Credit Line
Sponsored Content
The Austrian oil and gas company is negotiating a major credit facility with a term of five years.
OMV Considers € 1.5bn Credit Line / Picture: © Wikimedia Commons / Waerfelu [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]
According to Bloomberg, OMV is seeking a € 1.5bn credit line. The money should be raised together with the group’s Romanian subsidiary Petrom, company insiders were cited.
OMV’s credit line would have a volume of € 750m and a term of five years that could be extended by another two years. Petrom’s credit term would be three years with an extension option to five years.…
or Log In
Sponsored Content
Fast News Search
Sponsored Content