Canacol seeks new loan

Canacol seeks new loan

Colombia Panama Loans Canada

Canacol Energy is in the market for a five-year $265m syndicated loan to refinance existing debt, LatinFinance has heard.Credit Suisse is leading the transaction and has hosted bank meetings on Colombia and Panama, a source said. Canacol could close the loan early next year, the source added.The oil and gas company got a 4.5-year $200m loan from six banks, led by BNP Paribas, in April last year. In April 2014, Canacol added $80m to a five-year loan that it signed in 2013. Credit Suisse led seven

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