Bank of China contributes $11.56 million USD to $520 million USD revolving credit facility tranche of $1.37 billion USD syndicated loan to Puma Energy Holdings Pte. Ltd. for debt refinancing purposes

Project narrative

On April 27, 2018, a syndicate of 45 banks — including the Industrial and Commercial Bank of China (ICBC), Bank of China (BOC), and Agricultural Bank of China (ABC) — reached financial close on a $1.37 billion USD dual-tranche syndicated lending facility to Puma Energy Holdings Pte. Ltd. for debt refinancing purposes. Proceeds from both facilities are to be used to refinance Puma Energy's 2017 and 2015 revolving credit facilities (captured via Record ID#98948 and #98944). Details on the two tranches are as follows: A $520 million ISD revolving credit facility (RCF), which had a maturity of three years and an unknown interest rate. 45 banks participated in this tranche, each contributing $11.56 million USD, including ICBC, BOC, and ABC. The following banks contributed to the RCF: Emirates NBD, ANZ Group, First Abu Dhabi Bank, ICBC, ING Bank, Natixis, MUFG Bank, Nedbank Group, RMB Resources, Societe Generale, Standard Bank, UniCredit, Bank of America Merrill Lynch, Arab Petroleum Investments Corporation, Bank of China, ABSA Bank, Qatar National Bank, KfW-IPEX Bank, Banco do Brasil, Garanti Bank, Agricultural Bank of China, State Bank of India, AKA Bank, Taiwan Cooperative Bank, AfrAsia Bank, First Commercial Bank, Itau BBA, Bank of Taiwan, Maybank, OCBC Bank, Reserve Bank of India, Sumitomo Mitsui Trust Holdings, Woori Bank, Bank of Kaohsiung, CaixaBank, Taishin International Bank, Banque Cantonale de Geneve, National Australia Bank, UBAF, Sinopac Financial Holdings, E.SUN Financial Holding, Hua Nan Commercial Bank, Ecobank Group, Chang Hwa Commercial Bank, and Eurofin Group. ICBC's contribution to the term loan is captured via Record ID#99048. Bank of China's contribution is captured via Record ID#99049. ABC's contribution is captured via Record ID#99050. A $850 million USD term loan facility, which had a maturity of four years and an unknown interest rate. 45 banks participated in this tranche, each contributing $18.89 million USD, including ICBC, BOC, and ABC. The following banks contributed to the term loan: Emirates NBD, ANZ Group, First Abu Dhabi Bank, ICBC, ING Bank, Natixis, MUFG Bank, Nedbank Group, RMB Resources, Societe Generale, Standard Bank, UniCredit, Bank of America Merrill Lynch, Arab Petroleum Investments Corporation, Bank of China, ABSA Bank, Qatar National Bank, KfW-IPEX Bank, Banco do Brasil, Garanti Bank, Agricultural Bank of China, State Bank of India, AKA Bank, Taiwan Cooperative Bank, AfrAsia Bank, First Commercial Bank, Itau BBA, Bank of Taiwan, Maybank, OCBC Bank, Reserve Bank of India, Sumitomo Mitsui Trust Holdings, Woori Bank, Bank of Kaohsiung, CaixaBank, Taishin International Bank, Banque Cantonale de Geneve, National Australia Bank, UBAF, Sinopac Financial Holdings, E.SUN Financial Holding, Hua Nan Commercial Bank, Ecobank Group, Chang Hwa Commercial Bank, and Eurofin Group. ICBC's contribution to the term loan is captured via Record ID#99051. Bank of China's contribution is captured via Record ID#99052. ABC's contribution is captured via Record ID#99053.