Z bonds offered at 6.5 percent

Mon, 09 Jul 2012

July 10 (BusinessDesk) - Z Energy's $100 million retail bonds issue will carry an interest rate of 6.5 percent, with bonds maturing on Nov. 15 2019, the company announced. The seven years bonds are Z's third such issue, and the company is reserving the right to accept a further $50 million in funds. The downstream transport fuels company already has $297 million of bonds on issue. (BusinessDesk)

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