Source - SMW
Energy company Genel Energy said it plans to raise a new five-year bond of up to $300m, to replace the company's existing bond maturing in December 2022.
 
Genel had cash in excess of $350m at 30 August 2020, and net cash of $55m, the company said.
 
The company had engaged Pareto Securities to organise a roadshow with international credit investors. 


At 9:46am: (LON:GENL) Genel Energy PLC share price was +1.2p at 116.8p



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