Qatargas 4 Signs an Agreement with a Banking Syndicate for a Funding Package of Over 4 Billion

摘要

Qatargas 4(QG4),a joint venture between Qatar Petroleum(QP-70%)and Royal Dutch Shell(30%),has signed an agreement with a syndicate of 30 local,regional and international banks for a funding package totaling over 4 billion and consisting of loans,letters of credits and facilities advanced by a subsidiary of Shell.All the credits raised are for a period of 15.5 years.Calyon was the documentation bank,the agent for the commercial credits and the inter-credit agent,while Citigroup was the security trustee and the account bank.The international bookrunners were Barclays Capital and RBS and the regional bookrunners Qatar National Bank(QNB)and Arab Petroleum Investments Corporation(Apicorp).