Oranje-Nassau Energie secures a $340 mln reserve based lending facility

Oranje-Nassau Energie B.V. (ONE) announces today that it has secured a $340 mln reserve based lending facility with ING Bank N.V., ABN AMRO Bank N.V, BNP Paribas, Crédit Agricole Corporate and Investment Bank and Commonwealth Bank of Australia. The new facility, on competitive terms, will be used to refinance ONE's existing $225 mln facility and provides significant room to expand ONE's oil and gas upstream business.

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