Premier Oil has joined the growing number of UK companies issuing retail bonds, in a fundraising that could help finance its development of oil reserves in disputed waters north of the Falkland Islands.
Tony Durrant, Premier’s chief financial officer, declined to put a target on the amount the oil explorer is seeking to raise from the bonds, which will pay a coupon of 5 per cent and trade on the London Stock Exchange.  (Read more… http://www.ft.com/intl/cms/s/0/6d888502-55ed-11e3-b6e7-00144feabdc0.html#axzz2lgXhGWbg)

(English, Article, 2013)

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