Pertamina mandates Citi for shipping finance loan

New deal for three tankers sees Pertamina come to the market in its own name.
May 24, 2003

Citigroup has been appointed by Indonesia oil and gas company Pertamina to arrange and underwrite an acquisition finance loan for the purchase of three crude oil tankers. The deal will be an export credit agency backed loan with a tenor of eight years and a size of around $100 million.

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