Dubai – Mubasher: Dubai-based Topaz Marine will hold a roadshow over the next days for a planned bond issue worth up to $375 million, with First Abu Dhabi Bank and Pareto Securities hired as co-managers, according to a statement.
The company did not indicate where the roadshow would be held.
The company, the finance subsidiary of Topaz Energy and Marine, also mandated Goldman Sachs International, HSBC, and Standard Chartered as global coordinators for the issue.
Topaz plans to present the sale of the senior bonds with a five-year maturity to investors between 12 and 19 July, the statement highlighted.
The company also announced a tender offer for its existing $350 million senior notes due in 2018.
