Uncategorized

Alliance Oil Company announces proposed rouble bond offering

OJSC “Alliance” Oil Company, a subsidiary of Alliance Oil Company Ltd has announced a MRUB 5,000 bond offering. The proposed bond offering will be subject to market conditions. The Company targets an interest rate of 9.5-10.0 per cent per annum for a 10-year tenor with a 5-year put option. The Company has mandated Raiffeisen Bank …

READ MORE →
Uncategorized

Polarcus Limited launches convertible bond offering USD 125 million 2016

Polarcus Limited is pleased to announce that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds (the “Bonds”) with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 streamer …

READ MORE →