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First Gas secures funding from banking consortium

25 November 2008

First Gas has secured funding from a consortium of banks but the market waits to see if more banks will commit to the financing.

Read more: First Gas Euler Hermes

Bookrunners BTMU, Calyon, KfW, ING Bank, UniCredit, Maybank, Standard Chartered and SG have closed the senior tranche of the $500 million loan on behalf of First Gas, the Philipine subsidiary and joint venture company of First Philippine Holdings Corp, BG Energy...