April 3, 2019 |
Argentina's Pan American Energy (PAE) has requested up to $400m in financing through IFC, according to documents on the multilateral agency's website.
IFC could provide an A loan for $100m and also arrange a $300m B loan to finish the expansion of the Campana refinery in the province of Buenos Aires.
IFC previously arranged a $378m A/B loan for the refinery in May 2016, when it was still owned by Axion Energy. British oil company BP and Argentina's Bridas agreed to merge PAE and Axion in 2017.
Argentine energy company seeks a $400m A/B loan through the multilateral lender