T&T Oil Producer Circulates RFP

Petrotrin has sent out an RFP for some $850m in financing, according to DCM bankers familiar with the borrower. The request is said to be open-ended, and the Trinidad and Tobago state-owned oil producer is entertaining various financing alternatives, including bonds, loans and a combination of both. Pitches are due this week. The BBB+ issuer last tapped bond markets in May 2007, with a $750m 6% of 2022 through Citi.