May 15, 2020 |
Colombian natural gas company Vanti took out another one-year loan from Scotiabank to pay off debt and add to working capital, according to a securities filing and a source involved in the deal.
The Bogotá-based company received the dollar-denominated loan for the equivalent of COP300 billion ($76.1 million) on Tuesday, it said in a securities filing.
Vanti previously received a one-year loan for COP200 billion from Scotiabank in October last year to pay off debt and fund part of its growth plan
Colombian natural gas distributor gets another one-year loan from the Canadian lender to pay off debt