Lundin Oil (LOILY, LOILB Sweden) Message Board

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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (803)	11/2/1998 9:49:00 AM
From: Tomas	Read Replies (3) of 2742

Lundin Oil AB Signs USD 125 Million Bank Financing Lundin Oil is pleased to announce the signing of a USD 125 million corporate bank financing with a group of international banks. The loan facility will be used to refinance existing borrowings and also under certain conditions to fund corporate expenditures including development costs relating to the PM-3 project offshore Malaysia/Vietnam. The loan facility was lead arranged by Barclays Bank and ABN AMRO Bank with other participant banks being Bank of Scotland, Christiania Bank and Royal Bank of Scotland. lundinoil.com

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