Citigroup, Santander and JPMorgan Working on $1 Billion Financing for TGS Vaca Muerta Shale Project
Three major banks are structuring financing for an energy project in Argentina's largest shale basin. The package totals roughly $1 billion.
ibtimes.co.ukCitigroup, Banco Santander and JP Morgan are working on a roughly $1 billion finance package for a project by TGS in Argentina’s Vaca Muerta shale formation. @business reported the three institutions are among the lenders on the deal. The financing targets development inside the Vaca Muerta formation, a major shale play in western Argentina.
The reported size of the package is approximately $1 billion. No closing date or final terms were disclosed in the reporting.
Transparency
Reported by a single outlet. This score reflects source tier and factual specificity — corroboration is limited with one source.
Story details
Related Stories
news.google.comAmazon Replaces Walmart at Top of 2026 Fortune 500 After 13-Year Reign
Amazon overtook Walmart for the No. 1 spot on the annual ranking after posting $700 billion in revenue, ending Walmart’s 13-year run at the top. The list shows total Fortune 500 revenue reached $21 trillion.
jns.orgIranian Strikes Hit Kuwait Airport, Killing One and Injuring Over 60
Iranian drones and missiles struck Kuwait International Airport on Wednesday, killing one person and injuring more than 60 others. Kuwait closed the facility for several hours before resuming limited operations from another terminal.
deccanchronicle.comIranian Drone Strikes Kuwait Airport Terminal, Killing One
An Iranian drone hit a passenger terminal at Kuwait International Airport on Wednesday, killing one Indian citizen and injuring 63 others. Kuwait ordered two Iranian diplomats to leave within 24 hours.