BG raises $5.6Bln financing for LNG in two months

Thursday, 10 November 2011

BG Group, the UK LNG trader and project developer, underlined its gilt-edged status in the bond market when it brought its fund-raising to about $5.6 billion in two months by holding a sale of euro-denominated bonds for which there were "substantially" more buyers than available bonds.

BG said it sold 1 billion euros of bonds ($1.4Bln), its third bond sale since October as it invests heavily in LNG, particularly in the Asia-Pacific region.


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Last modified on Thursday, 10 November 2011 14:34
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