Category: Financial

Petronas seeking as much as US$15B for LNG project in Canada’s biggest ever debt-financing deal: sources

Published: 20 June 2014
Written by Editor

by:

The Petronas Bhd.-sponsored Pacific Northwest LNG project is seeking debt-financing, reportedly for as much as US$10-billion to US$15-billion, for its liquefied natural gas project on the West Coast. It would be the biggest debt financing deal in Canada.

“Yes, we have contracted Société Générale S.A. as the financial advisor. They will be going out and looking to acquire financing for the project,” Spencer Sproule, a spokesman for the Pacific NorthWest LNG project, told the Financial Post, but he declined to confirm other details.

[ Read The Whole Article ]