Lime Petroleum Holding AS has placed the final NOK 50 million (approximately US$4.55 million) of bonds, through the tap mechanism in its existing Senior Secured Bond with ISIN NO0013276410. After the tap issue is carried out, the total outstanding amount is NOK 1,750 million (approximately US$159.1 million).
Proceeds from the tap issue will be used for general corporate purposes, including development capex in the Norwegian Continental Shelf and working capital.
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