MRS Oil & Gas Co. Ltd

MRS Oil & Gas Co - Afrexim Direct Loan

Borrower (s)
MRS Oil & Gas Co. Ltd
Industry
Oil & gas/Oil - Trading
Area of finance
Commodity Trade Finance
Region
Africa
Countries
Nigeria

Deal Overview

Afreximbank signed a $150 million revolving import finance facility agreement with Nigeria's MRS Oil & Gas. The funds will be used for the importation of refined products, exportation of crude oil, as well as crude oil vs refined products swaps, and pre-delivery of petroleum against crude...

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Afreximbank signed a $150 million revolving import finance facility agreement with Nigeria's MRS Oil & Gas. The funds will be used for the importation of refined products, exportation of crude oil, as well as crude oil vs refined products swaps, and pre-delivery of petroleum against crude allocations.

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Deal Volume
$ 150m
Financial Close
13 September 2022

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