ADNOC secures $3 billion loan from JBIC and four other banks | Reuters
State oil firm Abu Dhabi National Oil Company (ADNOC) signed a $3 billion loan agreement with the Japan Bank for International Cooperation (JBIC) and four other lenders, JBIC said in a statement on Thursday.
JBIC is providing $2.1 billion and Sumitomo Mitsui Banking Corporation (SMBC) (8316.T), the Tokyo branch of HSBC (HSBA.L), Mizuho (8411.T) and MUFG (8306.T) are providing the rest, the statement said.
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