THAILAND STAR
June 1st, 2002
BY KEITH NUTHALL
THE WORLD Bank's International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company's overall debt is US$549 million. Rescheduling discussions also involved the Bank of America, Japan's Mizuho Corporate Bank, the Bangkok Bank and Deutsche Bank.
THE WORLD Bank's International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company's overall debt is US$549 million. Rescheduling discussions also involved the Bank of America, Japan's Mizuho Corporate Bank, the Bangkok Bank and Deutsche Bank.
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