CORPORATE FINANCE: NLNG, Eskom, Ophir Energy
Issue 229
- 20 Apr 2012
| 2 minute read
BNP Paribas has beaten off competition from Crédit Agricole and Standard Chartered to win the mandate to advise Nigeria LNG Ltd (NLNG) subsidiary Bonny Gas Transport (BGT) on an estimated $1bn financing package to purchase six new LNG carriers; Standard & Poor’s has revised Eskom’s credit outlook from stable to negative, and affirmed the state power utility’s BBB+ long-term rating; London Stock Exchange-listed Ophir Energy has sold $240m of new shares to part‐finance its expanded 2012-13 exploration programme
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