Hellenic Petroleum powers up refi

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Hellenic Petroleum powers up refi

oil_rig_PA_230x150
File photo dated 29/06/07 of an oil rig in the North Sea, as according to a new report by the Oil & Gas Authority (OGA) the UK has "significant petroleum reserves" which could sustain production for at least the next two decades. | Danny Lawson/PA Wire/PA Images

Greece’s Hellenic Petroleum has refinanced around €900m of loans, with the energy company claiming it was able to “significantly” reduce the margin while increasing the loan amounts.

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