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Article: Eurogas Corporation: Press Release.
- Article from:
- Marketwire Canada
- Article date:
- August 18, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Aug 18, 2009 (Marketwire via COMTEX) -- Eurogas Corporation ("Eurogas")(TSX VENTURE:EUG) announced that Escal UGS S.L. ("Escal") and its shareholders, ACS Servicios Comunicaciones, S.L. and Castor UGS Limited Partnership (the "Limited Partnership"), have engaged a group of banks, namely, Banco Espanol de Credito, S.A., Caja de Ahorros y Monte de Piedad de Madrid, Banco Santander, S.A. and Societe Generale, to lead a process to obtain a 10 year loan for up to a maximum EUR 1.379 billion to finance the construction and commissioning of the Castor underground gas storage facility on the development concession held by Escal. The mandate is an initial step in ...