PAE receives IFC funding

PAE receives IFC funding

Loans Project & Infrastructure Finance Energy Debt Argentina US

Argentina's Pan American Energy (PAE) has received a $500m financing package through IFC to finish the expansion of the Campana refinery in the province of Buenos Aires. IFC provided an eight-year loan for $135m and arranged $315m in funding from other lenders, including Bancaribe, BBVA, Santander, Citi, ICBC, Crédit Agricole and JPMorgan. The package also included $50m through the Managed Co-Lending Portfolio Program (MCPP) with institutional investors, IFC said in a press release.  The Campana

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