
Colombia's Promigas to tap credit line

The board of Colombian gas company Promigas has authorized the use of a 106bn-peso (US$21mn) credit line for its subsidiaries.
In a regulatory filing, the company said it also approved a separate 36.8bn-peso credit facility for Cali-based unit Gases de Occidente, to be used for 2023 working capital.
It did not disclose the name of the lender or provide details of the repayment terms.
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News in: Electric Power (Colombia)

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