Gasol: Bond issue
Issue 250
- 14 Mar 2013
| 1 minute read
fren affiliate Gasol has launched a multi-tranche, unsecured bond of up to $100m to fund initial development work for its liquefied natural gas import project in Benin. The first $20m tranche has been placed with institutional investors. The bond has an interest rate of 10%/yr and a maturity of three years. Any subsequent tranches will be subject to investor appetite.
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