Pakistan to issue bonds exchangeable into Oil and Gas Development

By Angela McDaniels

Tacoma, Wash., June 20 - Oil and Gas Development Co. Ltd. said the Government of Pakistan is in the process of issuing bonds exchangeable into company shares.

The bonds will be traded on the Singapore Stock Exchange, according to a company notice filed with the London Stock Exchange.

The oil and gas exploration and production company is based in Islamabad, Pakistan.

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