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PetroNeft agrees new $2.9m financing as it looks to boost production Loan facility to mature in 2023, and will be partly used to support ongoing operations
Wed, Feb 17, 2021, 08:27
Oil and gas exploration company PetroNeft said it has agreed a new $2.9 million (€2.4 million) convertible loan facility that will give it greater security as the company focuses on development and operations.
The company, which operates in the Tomsk Oblast in the Russian Federation, said it had agreed the financing with a group of 13 lenders. It is due to mature in March 2023, and has an interest rate of 8 per cent above the base rate of the Bank of England.
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Онлайн-реабилитация от COVID-19 запущена в Томске riafan.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riafan.ru Daily Mail and Mail on Sunday newspapers.