Five banks took part in the fundraiser and comprise Citibank, Mizuho Bank, The Bank of Tokyo-Mitsubishi UFJ and local outfits DBS and OCBC.

Societe Generale Corporate & Investment Banking acted as the financial advisor to SLNG in securing this loan facility.

Details as to the tenure of the loans and the interest rates payable by the government-backed company, were not disclosed.

Proceeds from the facility will be used to refinance some of the Singapore Government loans that were extended to SLNG.

They