Ruspetro announced offering of senior secured notes - source
January 29, 2013
Ruspetro plc announced today that it has commenced an offering of senior secured notes. Proceeds from the offering will be used to repay Ruspetro’s senior term loan and for general corporate purposes.
Ruspetro plc is an independent oil & gas development and production company, listed on the London Stock Exchange (LSE: RPO). The Company's operations are located on three contiguous license blocks in the middle of the Krasnoleninsk Arch in Western Siberia. Ruspetro assets include proved and probable (2P) reserves of over 1.5 billion barrels of oil.
Company — RusPetro