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Article: Brazil : Oderbrecht bags $1.5bn loan.
- Article from:
- TendersInfo
- Article date:
- October 10, 2009
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Brazilian construction conglomerate Odebrecht Oil & Gas has secured a $1.5 billion loan for its two deep sea drilling vessels.
Odebrecht said that it will invest a total of $1.7 billion in the two vessels, which drill for oil and gas along with Brazil s Petrobras off the East Coast.
The $1.5 billion project finance loan comes from 12 banks and two export credit agencies including Banco Santander, Societe Generale, BNP Paribas, ...