Listed and Rated International Energy Company operates its own fleet of drilling equipment including a 260-ton drilling rig capable of drilling to depths of up to 5,000 metres, as well a 120-ton workover unit. The possession of this equipment has enabled the company to independently perform its own drilling activities without recourse to expensive, and often unreliable, third-party service providers.
Senior Corporate Notes 2024
Investment Grade Rated Bond Offering:
- Coupon/term: Fixed coupon payment per annum, currency dependent
- $ USD = 10.375%, £ GBP = 10.50%, € EURO = 10.125%, CHF = 10.00%
- Coupon Payment: Paid Semi-annually, 4-year term
- Raise: 25m
- Min. Subscription: 10K in each currency
- Liquidity: Freely transferable
- Daily traded from 9 am to 5 pm, Monday – Friday
- Rating: B+ (sf) (ind) ARC
- Rating: B+ RAEX-Europe (Rating-Agentur Expert RA GmbH)
- Eligibility: UCITS, ISA, SIPP, SASS, QROPS, Portfolio Bonds and Platforms
- Clearing/Settlement: Clearstream / Euroclear
- Securities are available to Retail Investors
