October 21, 2022 |
Infraestructura Marina del Golfo (IMG), a joint venture between Canada's TC Energy and Mexico's IEnova, has received a $1.56 billion credit line arranged by Citi and Scotiabank, sources confirmed to LatinFinance.
IMG, which won a 25-year contract to operate the Sur de Texas-Tuxpan natural gas pipeline in 2016, will use the five-year credit facility "to refinance existing shareholder loans," said a source close to the deal.
The Sur de Texas-Tuxpan pipeline runs 770km between the border city of Br
Mexican and Canadian partners land a $1.56 bln loan arranged by Citi and Scotiabank for the Sur de Texas-Tuxpan pipeline