KUALA LUMPUR: Sona Petroleum Bhd is borrowing US$140 million (RM458 million) to partially fund its acquisition of a 40 per cent stake in United Kingdom-listed Salamander Energy Plcs flagship oil field in Thailand. Sona yesterday said it had signed a facility agreement with BNP Paribas and RHB Bank (L) Ltd, which will be the joint lead arrangers. œThe financing is conditional upon, inter-alia, the approvals of the Securities Commission and the shareholders of Sona Petroleum, for the proposed transaction being obtained, it added.
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