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PetroTal completes $100m bond issue

StockMarketWire.com

Oil company PetroTal said it had completed the issuance of a $100 million issue of senior secured bonds.

The bond issue, announced on 2 February, would PetroTal's only interest bearing debt.

It would be used to retire an existing derivative liability with Petroper and continue development of the Bretana oil field in Peru.



Story provided by StockMarketWire.com