Genel, ShaMaran Issue Bonds

By John Lee.

Genel Energy has announced that it has completed its issue of $500 million of 7.5% senior unsecured bonds due 2019.

Also, ShaMaran Petroleum has announced the listing on Oslo Børs of the USD 150 million senior secured bond issued by its wholly owned subsidiary, General Exploration Partners, Inc. The bonds carry a coupon rate of 11.50 percent per annum.

(Source: Genel Energy, ShaMaran)

(Bonds image via Shutterstock)

Tags: , , ,
Comments are closed.