Successful $500m Bond Placement by Pearl Petroleum
Pearl Petroleum Company Limited successfully placed a senior secured bond. The placement total reached 500 million US dollars. The bond has a fixed coupon of 10.375% per annum. Dana Gas PJSC and Crescent Petroleum announced the news. Both companies are joint operators of the Pearl Petroleum Consortium.
From Dana Gas: Dana Gas and Crescent Petroleum announce successful US$500 million bond placement by Pearl Petroleum Dana Gas PJSC and Crescent Petroleum, joint operators of the Pearl Petroleum Consortium [has] announced the successful placement of a US$500 million senior secured bond by Pearl Petroleum Company Limited, at a fixed coupon of 10.375% per annum, […] The post Successful $500m Bond Placement by Pearl Petroleum first appeared on Iraq Business News .