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Norway: Lime Petroleum to potentially raise up to NOK 550 million through a tap mechanism in its NOK 1.2 billion senior secured bond


17 Oct 2024

Photo - see caption

Lime Petroleum has engaged ABG Sundal Collier ASA as its exclusive manager to arrange fixed income investor meetings, to potentially raise up to NOK 550 million (approximately US$ 51 million) through the tap mechanism in its existing Senior Secured Bond.

Proceeds from the tap issue will be used for general corporate purposes, including development capex in the Norwegian Continental Shelf and working capital.

Original announcement link

Source: Lime Petroleum





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