Wednesday, 18 October 2017 10:05 GMT
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Tethys inks USD100m credit facility

(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
Tethys inks USD100m credit facility