rakes of shell

Rakes of shell in 10 billion dollars

Shell has signed a new $ 10 billion credit facility, replacing an existing $ 8.8 billion financing facility.

The new facility consists of a five-year loan of $ 8 billion and a one-year loan of $ 2 billion. In both cases there is an option for twice a one-year extension. The credit facility will be used by Shell in its goal of reducing CO2 emissions.

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