Friday 25 May 2018

Nakilat signs $917m refinancing deal

Dubai, June 11, 2013

Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas (LNG), signed a $917 million loan refinancing deal with Qatar National Bank, Nakilat said in a statement on Tuesday.

No details of the loan were given in the bourse statement, although it stated that Nakilat had a financing programme to fund the construction of a fleet of 25 LNG vessels.

Law firms Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom advised Nakilat and QNB on the financing respectively, the statement added. – Reuters

Tags: Qatar National Bank | Nakilat | refinancing | LNG shipper |

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