Frontera inks revolver

Frontera inks revolver

Loans Colombia Debt Energy Canada Peru

Canadian oil and gas company Frontera Energy said it has secured a two-year, $100m revolving credit facility to fund investments in Colombia and Peru. Itaú CorpBanca, Citi, JPMorgan, HSBC Mexico and Bank of America Merrill Lynch participated in the loan, Frontera said in a statement. The new credit line replaces the $1bn revolver that Pacific Rubiales signed in April 2014. Frontera, which changed its name in June 2017, said it had drawn $81.9m from the four-year facility by the end of March this

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