Swedish PA Resources to place bonds at 750 mln krona before September 27

The Board of Directors of the Swedish oil company PA Resources has taken a decision on a start of subscription at a total 1 billion Swedish krona ($153 mln.) before 2016. The principal shareholder of the company is Gunvor Group (G.Timchenko is co-owner). It is said about in a statement of the company.

The bonds at 750 million Swedish krona ($115 mln.) will be placed before September 27, 2013.

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