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Re: PVR Stream Log
09:53 30/01/2015
Godot
0 replies 0 0

Sequa Petroleum agreed to issue an up to $300M Convertible Bond due 2020 Sequa Petroleum N.V. (SPNV) has engaged Anoa Capital S.A. for the issuance of senior, unsecured convertible bonds due 2020. The company will determine the launch of the convertible subject to Government approvals. The transaction is expected to close on or before 30th January 2015. The proceeds of the convertible bond transaction will fund the debt portion of the financing for SPNV’s identified acquisitions pipeline. The equity portion associated with those acquisitions will be funded from alternative sources

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