Cheiron Energy Is Said to Raise 550 Million Dollars from a Bank Syndicate to Develop Egyptian Gas Fields
Cheiron Energy, one of Egypt’s largest independent oil and gas producers, has raised about 550 million dollars from a consortium of Gulf and international banks to develop gas fields in Egypt and refinance existing debt, according to people familiar with the matter. The facility, arranged through its financing arm Cheiron Finance Limited, ranks among the…
