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Rubiales Hits DCM for Quick Takeout

Nov 19, 2013

Pacific Rubiales has raised $1.3bn in new bonds to replace acquisition debt, against a market backdrop improved by US Fed nominee Janet Yellen’s pro-QE stance. The Colombian-Canadian E&P operator got $4bn in orders for the 2019 NC3 and priced at 99.985 with a 5.375% coupon...

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