Energean signs $750m 10-year loan deal

By Frank Prenesti

Date: Monday 03 Mar 2025

(Sharecast News) - Energean has signed a 10-year, senior-secured term loan with Bank Leumi for $750m.
The term loan will be available to refinance the 2026 Energean Israel Limited Notes and provide additional liquidity for the Katlan development.

It has a 12-month availability period, during which multiple drawdowns can be made, providing flexibility to optimise finance costs, Energean said on Monday. Up to $475m is available in US dollars and up to $275m in New Israeli Shekel.

Reporting by Frank Prenesti for Sharecast.com

« Go back to news channel

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE