(Bloomberg) -- South Sea Petroleum Holdings Ltd., a
Hong Kong-based oil and gas exploration and development company,
said it plans to sell $200 million of convertible bonds to fund
expansion in Indonesia and China.
The five-year zero-coupon securities will more than double
South Sea's share capital if they're all converted, into six
billion shares, South Sea said in a statement to the Hong Kong
stock exchange today.
Read more at Bloomberg Energy News
Hong Kong-based oil and gas exploration and development company,
said it plans to sell $200 million of convertible bonds to fund
expansion in Indonesia and China.
The five-year zero-coupon securities will more than double
South Sea's share capital if they're all converted, into six
billion shares, South Sea said in a statement to the Hong Kong
stock exchange today.
Read more at Bloomberg Energy News
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