A fixed income opportunity in the energy space. • GBP, CHF, EUR and USD Corporate Bonds. 10 to 10.5% coupon pa - Raising up to $20 Mil

By Jinu
Posted On: 21 / Oct / 2022
0 908

Deal Details

Annual

Deal Type

Debt Finance
Maximum Loan

Industry

Energy
Charge

Deal Status

Active

Deal Description

With Europe in high demand for other resources of energy to replace those of Russia, we see this as perfectly placed to take advantage of this supply constrain by participating in their bond issuance.  

A company listed on the Main Market of the London Stock Exchange and the Euronext Growth Market of the Oslo Børs generating record profitability by producing oil, gas and electricity in Italy and Africa. 

The Company has recently undergone a period of significant profitability.  To note, they are also a partner with Kuwait Petroleum and the Tunisian State Owned Oil Co in their production fields. [They currently produce around 1,000 barrels per day, with a forecast to expand that to 3,000 per day by year end 2022]. 

They also have progressively increased profitability in its existing Italian electricity generation portfolio.

Issue size up to EUR 25 Mil

Bond Listing - Frankfurt, Vienna

Liquidity - Freely Transferable

Rates vary 10 to 10.5% coupon pa depending on currency, coupon paid semi annually


2026 bond LSX and ZENA

Current rating of B with Stable Outlook and B with Positive Outlook.

No Files Attached

Deal Value
₹ 159.8 Crore
Targeted Region
Europe

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed
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