BW Energy Ltd. (DE:6BW) has released an update.
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BW Energy Ltd. has announced the successful private placement of USD 100 million in five-year senior unsecured bonds with a coupon rate of 10%. The offering attracted substantial interest, leading to an oversubscription in both Nordic and international markets. The funds raised are earmarked for general corporate purposes, with settlement slated for mid-2024 and plans to list the bonds on the Oslo Stock Exchange.
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