Mercuria Energy looks to refinance $1bn Asian loan

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By Shruti Chaturvedi
14 Aug 2014

The Asian operation of commodity major Mercuria Energy Group is in talks with banks to refinance a $1bn loan it raised in November 2013.

“There has been some compression in margins recently, so it certainly makes economic sense for the company to refinance right now. The new pricing will be softer than on the November loan,” said a banker.

The Singapore-based company's last financing had a solid MLAB group of 14 lenders. Signed ...

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