Mitsubishi UFJ Arranges $5 Billion Loan to IPIC

Posted on 08/02/2009


The International Petroleum Investment Co. (IPIC) is looking up to secure lines of debt. Mitsubishi UFJ Financial Group (MUFJ) has arranged a syndicated loan worth US$ 5 billion for the Abu Dhabi-based sovereign wealth fund. The loan syndicate involves fifteen other banks including HSBC Holdings Plc, Sumitomo Mitsui Banking Corp and Santander Bank. Japanese banks […]

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