Petrolatina refinances on better terms

PetroLatina, an independent oil and gas exploration and production company, has tied up a refinancing deal with French bank BNP Paribas.

PetroLatina, an independent oil and gas exploration and production company, has tied up a refinancing deal with French bank BNP Paribas.

The oil firm entered into a four year senior secured credit agreement worth $100m with the French lender to repay and replace its existing facility with Macquarie Bank.

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