BarCap closes syndication of Gazprom L/C

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BarCap closes syndication of Gazprom L/C

Barclays Capital closed general syndication of a $148m one year debut syndicated loan for Gazprom Marketing and Trading on Monday. GM&T will use the deal to provide letters of credit to liquefied natural gas infrastructure facilities in Mexico and California, which may receive LNG from Sakhalin.

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