Afren Prices $300 Million 10.25% Senior Secured Bond Maturing 2019
March 01 2012 - 12:49PM
Dow Jones News
Oil and gas company Afren PLC (AFR.LN) priced a $300 million,
senior secured bond, maturing April 2019, one of the banks running
the deal said Thursday.
BNP Paribas SA, Deutsche Bank AG and Goldman Sachs Group Inc.
were lead managers on the deal, which has the following terms:
Amount: $300 million
Maturity: April 8, 2019
Coupon: 10.25%
Reoffer Price: 99.976
Payment Date: March 8, 2012
Spread: 880.2 basis points over the 1.375% February 2019 U.S. Treasury
Yield: 10.25%
Debt Ratings: B (Standard & Poor's)
B (Fitch)
Denominations: $1,000; $200,000
Listing: Luxembourg
Interest: Semiannual
-By Ben Edwards, Dow Jones Newswires; 44-20-7842-9287;
ben.edwards@dowjones.com
Afren (LSE:AFR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Afren (LSE:AFR)
Historical Stock Chart
From Mar 2023 to Mar 2024