Jun 28 2011 |
more articles from
|
* Dolphin Energy To Launch Bond When Mkt Conditions Improve -Source
Tuesday, Jun 28, 2011
(MORE TO FOLLOW) Dow Jones Newswires
28-06-11 1053GMT
* Dolphin Energy Actively Monitoring Mkt Over Coming Days -Source
Tuesday, Jun 28, 2011
(MORE TO FOLLOW) Dow Jones Newswires
28-06-11 1054GMT
* Dolphin Energy USD Benchmark Bond Sale In Very Near Future -Source
Tuesday, Jun 28, 2011
(MORE TO FOLLOW) Dow Jones Newswires
28-06-11 1055GMT
Dolphin Energy To Issue Bond When Mkt Conditions Improve - Source
Tuesday, Jun 28, 2011
DUBAI (Zawya Dow Jones)--Abu Dhabi-based Dolphin Energy , in which Occidental Petroleum Corp. (OXY) and Total S.A. (TOT) are shareholders, will launch a U.S. dollar, benchmark bond sale as soon as market conditions improve, a banker familiar with the deal said Tuesday.
"The company is actively monitoring the market over the coming days and will release terms on its U.S. dollar benchmark bond issue in an appropriate window of execution. The transaction may price in the very near future," the banker, who declined to be identified, told Zawya Dow Jones.
Dolphin met fixed income investors in the United Arab Emirates, the U.K. and the U.S. earlier this month, with the last meeting held in New York on June 22.
The Royal Bank of Scotland , BNP Paribas , Abu Dhabi Commercial Bank , Mitsubishi UFJ Securities and SG CIB arranged the meetings on behalf of Dolphin Energy , the banker said.
The company plans to raise more than $1 billion to refinance existing debt, two other people familiar with the situation told Zawya Dow Jones in mid-June.
-By Nikhil Lohade, Dow Jones Newswires, +9714 446 1694, nikhil.lohade@dowjones.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
28-06-11 1117GMT
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment