Petrominerales Aktie

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WKN DE: A1H5G2 / ISIN: CA71673R1073

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18.11.2013 21:44:00

Pacific Rubiales Energy Corp. -- Moody's assigns Ba2 rating to Pacific Rubiales senior note issuance

New York, November 18, 2013 -- Moody's Investors Service assigned a rating of Ba2 for up to $1.3 billion of senior notes to be issued by Pacific Rubiales Energy Corp.'s (PRE). The notes will be unconditionally guaranteed by PRE's most significant operating subsidiaries. Proceeds from the debt issue will be used to finance the company's pending acquisition of Petrominerales Ltd. (PMG) in a debt-financed transaction valued at C$1.675 billion, including C$640 million of assumed debt. The rating outlook is stable. The acquisition is expected to close by the end of November 2013.

Vollständigen Artikel bei Moodys lesen