General Announcement::LOAN FACILITIES GRANTED TO THE COMPANY AND DISCLOSURE PURSUANT TO RULE 13.18 OF THE LISTING RULES

Issuer & Securities

Issuer/ Manager
CHINA OIL AND GAS GROUP LIMITED
Securities
CHINAOIL&GASUS$400M4.7%N260630 - XS2328392951 - FMCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Dec-2023 12:34:35
Status
New
Announcement Sub Title
LOAN FACILITIES GRANTED TO THE COMPANY AND DISCLOSURE PURSUANT TO RULE 13.18 OF THE LISTING RULES
Announcement Reference
SG231206OTHRJ5LU
Submitted By (Co./ Ind. Name)
China Oil And Gas Group Limited
Designation
Company Secretary
Effective Date and Time of the event
06/12/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board announces that the Company, as borrower, has entered into the Syndicated Loan Agreement and the Bridging Loan Agreement, pursuant to which the Lenders shall agree to grant to the Company the Syndicated Loan Facilities upon the terms and conditions as set out in the Syndicated Loan Agreement. The Lenders also agreed to grant to the Company the Bridging Loan Facilities to meet the Company s financial needs before fulfilment of all conditions precedent for drawdown of the Syndicated Loan Facilities upon the terms and conditions of the Bridging Loan Agreement.

Attachments

c603_20231205.pdf
e603_20231205.pdf
Total size =481K