Tue 11/14/2023 23:01 PM
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Hong Kong-listed energy company China Oil and Gas Group Ltd. is working with lenders on
an up to $350 million syndicated loan with a three-year tenor and two-year extension option, said two sources familiar with the matter. The loan would replace the company’s existing $290 million loan which matures on Dec. 31, the sources said.

A spokesperson for China Oil and Gas confirmed that the talks for the loan are ongoing and that banks involved include China CITIC Bank International and Ping...
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