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Petronas, Royal Vopak JV signs US$1.25b in financing

Mimi Sabreena 4:29:00 PM Informasi

AMSTERDAM (Dec 12): PT2SB joint venture between Petroliam Nasional Berhad (PETRONAS), Dialog Group Berhad (Dialog), The state of Johor (SSI) and Royal Vopak have signed senior financing pact with banking syndicate of nine international banks, Vopak said in statement on Tuesday.

* Facilities will be used to finance PT2SB industrial terminal in Pengerang, State of Johor, Malaysia

** Final maturity of 15 years with repayment schedule starting after commissioning (scheduled in “various phases” in 1H19)

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