DNO gets Norway FSA approval for $400m bonds
OSLO (Norway), 4 hours, 26 minutes ago
DNO, a leading Norwegian oil and gas operator, has announced that it has secured approval from the Financial Supervisory Authority of Norway for the prospectus prepared in connection with the listing on the Oslo Stock Exchange of the company’s 9.25% senior unsecured callable bonds worth $400 million issued this week with maturity in June 2029.
A major player in the global energy sector, DNO has been playing a active role across the Middle East, the North Sea and West Africa regions.
Founded in 1971 and listed on the Oslo Stock Exchange, DNO holds stakes in onshore and offshore licences at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen.-TradeArabia News Service
