debt obligations

  • Nigeria Reaches $5.1b Debt Deal with Oil Majors

    Nigeria Reaches $5.1b Debt Deal with Oil Majors

    Thursday, 24th November 2016
    Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs.
  • Dana Gas to Discuss $700m Debt Mix

    Dana Gas to Discuss $700m Debt Mix

    Monday, 29th August 2016
    Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700 million Islamic bonds maturing next year. The company’s CEO, Patrick Allman-Ward, said that the firm has $344m in cash, is in discussions with lenders about its future debt mix.
  • Dana Gas Promises to Honor Debt Payments Amid Concern on $1 Billion Sukuk

    Dana Gas Promises to Honor Debt Payments Amid Concern on $1 Billion Sukuk

    Tuesday, 17th January 2012
    Dana Gas (DANA) PJSC said it will honor debt obligations as the United Arab Emirates-based energy company faces a $1 billion Islamic bond maturing in October.