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IN BRIEF: Genel Seeks To Raise USD300 Million Via New 5-Year Bond

11th Sep 2020 13:52

Genel Energy PLC - oil producer - Intends to raise a new five-year bond of up to USD300 million to replace existing bond which matures in December 2022. Had cash of over USD350 million as at August 30, with the net amount at USD55 million.

Current stock price: 118.80 pence

Year-to-date change: down 37%

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Genel Energy
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