Oil Company PAE issued a new bond for $300 million

The oil company Pan American Energy (PAE) announced an international bond for u$s300 million for six years with a fixed rate of 9.125%. In addition to the payment of a $166 million bond maturing on May 7. It included 54% of the bond ($90 million) in the cash tender offer, which PAE paid yesterday.

Source: Ámbito