By Christine Van Dusen
Atlanta, May 22 - Dubai's Polarcus Ltd. priced $95 million of notes due in June 2018 with an 8% coupon, according to a company announcement.
ABG Sundal Collier, DNB Markets and Pareto Securities were the bookrunners for the deal.
The proceeds will be used to refinance existing debt.
Other details were not immediately available Wednesday.
Polarcus is a marine geophysical company.
| Issuer: | Polarcus Ltd.
|
| Amount: | $95 million
|
| Maturity: | June 2018
|
| Description: | Senior notes
|
| Bookrunners: | ABG Sundal Collier, DNB Markets, Pareto Securities
|
| Coupon: | 8%
|
| Trade date: | May 21
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
