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Citgo gets lender OK for $216 million term loan prepayment
By Sara Rosenberg
New York, Sept. 12 – Citgo Holding Inc. received lender acceptance of a $216 million prepayment of its term loan from excess cash flow, according to a news release.
The accepted amount was smaller than the offer for a roughly $482.673 million prepayment.
Houston-based Citgo manufactures or refines and markets transportation fuels as well as petrochemicals, other industrial products and lubricants.
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