LAGOS Feb 20 Nigeria Liquefied Natural Gas
Company has appointed French Bank BNP Paribas and GT Bank
as financial advisers to raise around $1.6 billion
to acquire six LNG carrier ships, a banking source close to the
deal said on Wednesday.
The company, which is majority owned jointly by the state
oil company NNPC and Royal Dutch Shell, told Reuters a
year ago it had contacted global banks to appoint advisers in
other to explore the best option to raise funds.
The banking source said the loan was being structured as a
medium to long term financing and that final tenor and pricing
will be based on demand with financial close expected by the end
of March 2013.