January 30, 2014
Pan America Energy will use a $237.5m loan from multilateral lender CAF to
Pan America Energy will use a $237.5m loan from multilateral lender CAF to help finance its investments in its Cerro Dragon oil and gas field. The transaction, done through its Pan American Energy Sucursal Argentina unit, includes a 6-year, $50m A tranche and a 4-year, $187.5m B commercial bank tranche. The oil and gas company, which operates in Argentina, Chile and Bolivia, declined to provide additional details on the commercial bank participants.