Ezra to raise up to $300m via CB, rights issue

The global contractor for the offshore oil and gas industry aims to raise $300 million to deleverage its balance sheet and refinance debt.

Ezra to raise up to $300m via CB, rights issue

Ezra Holdings aims to raise up to $300 million via a rights issue and a convertible bond, the Singapore-based company said in an announcement Saturday.

Ezra, a global offshore contractor and provider of integrated offshore solutions for the oil and gas industry, will use proceeds to deleverage its balance sheet, refinance debt and pursue future growth opportunities, the company said in a statement.

Credit Suisse is the sole financial advisor,...

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