UC Malampaya Philippines

Malampaya Gas Field - RBL

Industry
Oil & gas/Gas - Upstream (Exploration and production)
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Philippines

Deal Overview

Udenna Corp’s subsidiary UC Malampaya Philippines have signed a reserves-based loan (RBL) with banks to finance its acquisition of a 45% stake in the Malampaya gas field project in the Philippines from Chevron. The other partners in the project are Royal Dutch Shell (45%) and PNOC-Exploration...

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Deal Volume
$400m
Financial Close
25/03/2020
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Tranches

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Project Deals

Malampaya Gas Field
$4.5bn
Greenfield
Gas - Upstream (Exploration and production)
Asia Pacific
Asia Pacific
Philippines