Morgan Stanley leads $4 billion fundraise for first new major US oil refinery

Bloomberg · 3 hours ago
Morgan Stanley leads $4 billion fundraise for first new major US oil refinery
  • Morgan Stanley is leading equity and debt fundraising for a $4 billion fuel-making project described as the first new major US oil refinery in half a century.
  • America First Refining Chief Commercial Officer Tom Ramsey said the bank is fundraising "as we speak" at a Crude Oil Quality Association conference in Galveston, Texas.
  • The source reports the fundraising without disclosing a closing date or final terms.