4th Apr 2014 15:46
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd said Friday that it expects to make a privately placed debt offering to institutional investors of up to USD250 million following a series of fixed income investor meetings in the US, Europe and Asia.
Gulf Keystone said it expects this debt offering to include the issue of warrants relating to up to 40 million shares.
Shares in Gulf Keystone were trading up 1.8% at 97.00 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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