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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Afren | LSE:AFR | London | Ordinary Share | GB00B0672758 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.785 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
Oil and gas company Afren PLC (AFR.LN), guaranteed by Afren Nigeria Holdings, set price guidance on its seven-year bond to yield 10.5% to 10.75%, one of the banks on the deal said Wednesday.
The size of the issue is $300-350 million.
The company did a series of global investor meetings ahead of the bond sale, in London and in the U.S., throughout this week. Pricing is expected Thursday.
BNP Paribas SA, Deutsche Bank AG and Goldman Sachs Group Inc. are lead managers on the deal.
The issuer is rated B- by Standard & Poor's Corp. and B by Fitch Ratings.
Proceeds will be used to repay existing debt and general corporate purposes.
-By Serena Ruffoni, Dow Jones Newswires; +44 (0) 207 842 9349; serena.ruffoni@dowjones.com
1 Year Afren Chart |
1 Month Afren Chart |
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