Cadogan Petroleum plans to raise USD 300 mln via London IPO
17 June 2008
Cadogan Petroleum, an oil & gas exploration and production company with onshore gas and condensate assets in Ukraine, plans to raise USD 300 mln in a London IPO this month, Bloomberg said on Friday. The London-based company will offer between 51.2 mln and 69.8 mln existing and new shares priced at GBP 2.3-3.0 each (USD 4.4-5.7). UBS is the issue’s lead manager.
