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Z Energy bonds offered at 6.5%

Tue, 10 Jul 2012

BUSINESSDESK: Z Energy's $100 million retail bonds issue will carry an interest rate of 6.5% and will mature on November 15, 2019, the company says.

The seven-year 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.

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Z Energy bonds offered at 6.5%
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