SWALA Provides Update On Financing Activity
1st April, 2019
Swala Oil & Gas (Tanzania) plc. (“Swala” or “the Company”) is pleased to advise that it is in discussions with a US-based emerging markets institutional investor for US$75 million in acquisition funding for a transaction.
In furtherance of this possible transaction, Swala is currently finalizing terms for its funding, which when completed is expected to lead to financing agreements within the next weeks.
To read more, click the below link