Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for NiQuan Energy LLC > News item |
NiQuan Energy Trinidad waits to price proposed notes in new year
By Rebecca Melvin
New York, Dec. 18 – NiQuan Energy Trinidad Ltd., a subsidiary of NiQuan Energy LLC, is expected to wait until January to price its planned notes offering, according to a market source.
The Trinidad and Tobago-based gas to liquids plant operator was planning to price $100 million to $150 million of 10-year notes to yield between 10¼% and 10½%, according to sources. But market volatility sidelined the issue last week when it wrapped up roadshow meetings.
The deal was announced initially on Dec. 4 with Oppenheimer and Republic Bank selected to be joint bookrunners of the deal.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.