Maples advises Kuwait Energy plc on its $250m notes offering
Maples and Calder's London office acted as BVI counsel to Kuwait Energy plc on its $250 million high-yield bond offering. Kuwait Energy is an independent MENA oil and gas exploration and production company based in the Middle East, overseeing operations in various countries including Egypt, Iraq, Yemen and Oman. A portion of the proceeds of the bond will be used to refinance existing bank facilities, partially fund capital expenditures, and for general corporate purposes. London-based partner Matthew Gilbert led the Maples and Calder team, assisted by associate Joanna Dinning.