MARKETS

Oil Search secures US$565 million loan

OIL Search has secured a new revolving debt facility worth US$565 million as part of its broader capital management strategy for the next five years.

Oil Search secures US$565 million loan

The non-amortising facility expires in December 2026 and replaces the previous $600 million revolving credit facility due to expire in June 2022.  The banking group for the new facility includes banks...

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