By Taylor Fox
New York, Sept. 11 – Brooge Energy Ltd. subsidiary Brooge Petroleum and Gas Investment Co. issued $200 million 8½% five-year senior secured bonds, according to a news release.
The bonds are guaranteed by Brooge Energy.
Pareto Securities is the manager.
The midstream oil storage and service provider is strategically located outside the Strait of Hormuz adjacent to the Port of Fujairah in the United Arab Emirates.
| Issuer: | Brooge Petroleum and Gas Investment Co.
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| Guarantor: | Brooge Energy Ltd.
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| Issue: | Senior secured bonds
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| Amount: | $200 million
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| Maturity: | September 2025
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| Manager: | Pareto Securities
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| Coupon: | 8½%
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| Settlement date: | Sept. 24
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