(MENAFN) Tethys Oil has signed a USD100 million four-year senior revolving reserve-based lending facility, Times of Oman reported
The facility leverage Tethys Oil's 30 percent in the Block 3 & 4 production sharing agreement in Oman
Currently, Tethys has a USD62.4 million bond with a fixed interest rate of 9.5 percent per year
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.