Deals
Afren CEO Has ‘Rich Acquisition Pipeline’ After Bond Sale
This article is for subscribers only.
Afren Plc, a U.K. oil and gas explorer focused on Africa, has a “very rich acquisition pipeline” after exceeding a target for bond sales, Chief Executive Officer Osman Shahenshah said.
The company raised $500 million in a bond sale last month, beating a goal of $450 million, following “very strong demand” from investors, he said.