Ruspetro guides to double digits

05 Feb 2013

Oil and gas company Ruspetro has released initial price guidance of low to mid-11% for its five year bonds, which it expects to price later this week. The company is looking for an issue size of about $350m.

Bank of America Merrill Lynch, Credit Suisse and Deutsche Bank are arranging the deal.

Standard & Poors has rated the bonds B-.

The latest available financials are for the third quarter of 2012, which indicated revenues for the quarter of $51.57m. However, Ruspetro generated gross and operating losses ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.