The state energy company Epetrol announced this Wednesday approval from the Ministry of Finance to contract a new international loan of up to US$ 250 million.
The operation, according to statement on the Superfinanciera website, He will be with the Japanese Banking Company Sumitomo Mitsui and will be there for five years.
“The resources from this activity will be used for various investment costsamong which is the payment of financial commitments due in 2026,” the company confirmed in the document.
“The Ministry of Finance and Public Credit reviewed and authorized the terms of the contract, which provides for basic events with the borrower such as non-payment or non-compliance with obligations. If they come to fruition, borrowers may have to pay upfront“, he added to the text.
2024-08-22 06:16:49
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