Client
The client is a Canadian SPV developing a 15,000 Bpd refinery in Saskatchewan, Canada.
Scenario
The refinery will process local light sweet crude oil into Ultra Low Sulphur Diesel for the local market demand, naphtha for diluent for heavy oil blending, and Low Sulphur Marine Fuel.
Solution
Wealthbullet arranged a funding of USD 52 million in the form of a convertible loan note with a term of 36 months.
USD
150 Million
Country
Canada
Sector
Energy
Sub-sector
Refinery
Deal Type
Project funding
Structure
Convertible Loan Note
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