BG Group secures $1.8bn Brazilian finance

BG Group has secured approval for $1.8 billion (£1.13bn) from the Brazilian Development Bank to fund the company’s interests in the Santos Basin, off the coast of Brazil. Subject to the completion of a final agreement, the funding will be used to build eight floating production, storage and offload facilities. BG Group Chief Financial Officer […]

BG Group issue £750m of bonds

UK-based natural gas producers BG Group have issued £750 million of bonds. The 25-year bonds are due in November 2036 and pay a coupon of 5%. BG Group Chief Financial Officer, Fabio Barbosa said: “Today’s offering builds upon the equally successful $3 billion US bond issue we completed earlier this month. It also takes advantage […]