Tullow Oil plc is an investor in a range of oil and gas sites in northern Africa and Asia, and the UK where production has already begun.
The firm aims to secure a further credit facility for the purpose of re-financing and extending its debt finance. The loan facilities comprise two debt tranches, amounting to a total US$1.85 billion, both with a 7-year term over the life of a 16 year project.
Operis recently conducted a financial model audit for the purpose of assisting Tullow Oil secure these facilities, which were provided by Bank of Scotland.
