Special Advisory: Regency Petroleum Company Limited (RPL)

July 10, 2023

 

Regency Petroleum Company Limited (RPL) has advised that it has privately placed, by way of an exempt distribution US$1,400,000 in Secured Notes Due 2025 – arranged by GK Capital Management Limited. The US$ Fixed Rate Secured Notes will be issued in two tranches with Tranche A amounting to US$600,000 issued as of June 30, 2023 and Tranche B amounting to US$800,000 expected to be drawn down on or before September 29, 2023. RPL has further advised that the proceeds from this debt raise will be used to construct a service station located on Spanish Town Road.

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

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