March 10, 2020
Metrogas, the largest natural gas distribution company in Argentina, signed a syndicated loan last month for ARS3.3 billion ($52.8 million), according to press reports.
Metrogas received the financing from the local branches of Brazilian lender Itaú Unibanco, Industrial and Commercial Bank of China (ICBC) and Dutch professional services company TMF Trust Company, according to press reports.
The Buenos Aires-based company will use the money to pay off debt. Metrogas received a loan for roughly AR
Argentine natural gas company secures $53 mln from three lenders