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Dolphin Energy To Raise $1.93B In Note Sale

Dolphin Energy is seeking to raise a maximum of $1.93 billion in a sale of bonds.

Dolphin Energy is seeking to raise a maximum of $1.93 billion in a sale of bonds, Reuters reports. The Abu Dhabi-based gas company appointed RBS, Abu Dhabi Commercial Bank, BNP Paribas, Mitsubishi and Societe Generale to arrange investor meetings.

The company is seeking to use the proceeds from the bond sale to refinance its existing debt. The dollar bond issue is open to institutional U. S. investors.

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Click here for additional coverage from Gulf Times.

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