Bahrain: Bapco secures financing for refinery expansion
24 May 2019
| 1 minute read
State-owned Bahrain Petroleum Company (Bapco) has completed a large fund-raising programme – believed to amount to more than $4bn – which will be used to finance the expansion of its refinery from its current capacity of 267,000 b/d to 380,000 b/d. Five export credit agencies and a group of 21 regional and international banks were involved in the financing. BNP Paribas, HSBC Middle East and Verus Partners acted as advisers on the deal.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles and set up news alerts.
Register