Markets

Dolphin Energy delays bond issue plans

Published June 28, 2011 Updated June 28, 2011 11:58am

Dolphin Energy completed investor meetings for a 144a benchmark dollar bond last week, and was expected to indicate guidance shortly thereafter, but the Eurozone debt crisis and uncertainty surrounding Greece have made investors jittery.

The bond sale was expected to raise as much as $1.93 billion to refinance existing debt.

 

Copyright Reuters, 2011