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Banks mandated for Sonangol block 18 loan

01 May 2006

A total of 13 lenders, five Chinese banks and nine internationals, have been mandated to arrange the $1.4 billion borrowing base facility that Sonangol Sinopec International (SSI) will use to finance cash calls on the block 18 oilfield off the Angolan coast.

The Chinese lenders are Agricultural Bank of China, Bank of China, China Construction Bank, China...


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