SDX Energy to sign new $10m agreement with EBRD
The British oil & gas producer already has a payment facility with the European Bank for Reconstruction and Development (EBRD).
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▪ SDX Energy to sign new $10m agreement with EBRD
▪ The British oil & gas producer already has a payment facility with the European Bank for Reconstruction and Development (EBRD).
▪ https://www.africabusinessplus.com/en/806158/sdx-energy-to-sign-new-10m-agreement-with-ebrd/
The new loan is expected to be signed off in the next few days subject to the usual conditions precedent being met. The package is for a $10m facility with a 10-year maturity and will replace the existing $7.5m line, of which $2.5m is still available.
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