Jutal Offshore Plans To Raise US$300 Million Through Issuance Of Bonds

Published: Sep 07 2017
Deal Summary

Jutal Offshore Oil Services Limited, an offshore oil and gas service provider, intends to issue fixed rate guaranteed bonds, for gross proceeds of up to US$300 million (MM). The bonds will be issued in installments with a term of 364 days.

The company intends to use the proceeds from the offering for the repayment of loans, future acquisitions, working capital, and other general corporate purposes.

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