BNET Business Dictionary

Business Definition for: Offshore Finance Subsidiary

Additional Resources

Centrica sells stake in wind farms to finance £725m Lincs project
Thursday 29 October 2009 Construction on the 270MW Lincs wind farm off the coast of Lincolnshire is set to begin next year after developer Centrica sold off 50% of three other wind farms, it emerged yesterday (October 29). The Lincs scheme, which will be situated eight kilometres off the coast...
Tags: Centrica, Wind Farm
News items 2009-10-29
PrimeEnergy Corporation Forms Oil & Gas Partnership with GE Commercial Finance Energy Financial Services
STAMFORD, Conn. -- PrimeEnergy Corporation Prime announced today that its wholly-owned subsidiary, F-W Oil Exploration L.L.C. FWOE, has entered into an agreement to contribute substantially all of its offshore proved producing and shut in properties to a newly formed limited partnership in exchange for cash and a 20% general partner...
Tags: financial service, General Electric Co.
Research articles 2005-08-23
Solectron Announces Pricing of $150 Million Senior Subordinated Notes Offering
MILPITAS, Calif. -- Solectron Corporation (NYSE:SLR) today announced that its wholly-owned finance subsidiary, Solectron Global Finance LTD, has priced its offering of $150 million aggregate principal amount of its Senior Subordinated Notes due 2016, through an offering within the United States to qualified institutional buyers pursuant to Rule 144A under...
Tags: pricing strategy, Solectron Corp.
Research articles 2006-02-14
Solectron Announces Proposed Offering of $150 Million Aggregate Principal Amount of Senior Subordinated Notes Due 2016
MILPITAS, Calif. -- Solectron Corporation (NYSE:SLR) announced today that its wholly-owned finance subsidiary, Solectron Global Finance LTD, intends to offer, subject to market and other conditions, approximately $150 million aggregate principal amount of its Senior Subordinated Notes due 2016, through an offering within the United States to qualified institutional buyers...
Tags: Solectron Corp.
Research articles 2006-02-13
Energy Roundup: Gulf Hit Hard by Ike, Iraq to List New Fields, Exec Moves, and More
Gulf production hit harder than thought by Ike -- The federal Minerals Management Service has revised its calculation of Gulf rigs destroyed or severely damaged by Hurricane Ike. At present, Gulf oil production stands at 48 percent and natural gas at just over 47 percent. Twenty-three rigs have been confirmed...
Tags: Iraq, mW, Natural Gas, RWE Innogy, Helius Energy, Telecom & Utilities, Michael Mattis
Blog posts 2008-09-30
Need to know: Unite joint venture ... SAS job cuts ... Swisscom profits rise ...
View video and Need to Know interactive heatmap Economics Unemployment: Official data showed that nearly one million young people are out of work as unemployment hit a 14-year high. More than 700,00 18 to 24-year-olds and 206,000 16 to 17-year-olds are jobless. Inflation: Mervyn King, Governor of the Bank of...
Tags: Bank, American International Group Inc., European Commission
News items 2009-08-12
ABN Amro mulls Islamic banking unit in Malaysia
KUALA LUMPUR AFP — The Malaysian subsidiary of Dutch investment bank ABN Amro may launch an Islamic banking unit here as it expands its Islamic finance business, a report said Wednesday. ABN Amro Bank Berhad managing director Harry Naysmith said the bank will create the subsidiary when its Islamic...
Tags: ABN AMRO, bank, Banking
Research articles 2007-03-27
Amcor banks on big bucks.
Dec 18, 2002 (The Australian - ABIX via COMTEX) Australian-listed packaging company, Amcor, has raised $US500m ($A885m) in the US. The private placements to unnamed institutions has generated funding to repay debt related to the mid-2002 purchase of the German plastic bottle manufacturer, Schmalbach-Lubeca,...
Tags: bank, FINANCE, UBS Warburg
Research articles 2002-12-18
CNOOC PRICES U.S.$500 MILLION OF 10-YEAR, 6.375 PERCENT BONDS
CNOOC Ltd. (NYSE: CEO) announced last week that its CNOOC Finance (2002) Ltd. subsidiary priced an offering of U.S.$500 million of 10- year, 6.375 percent notes. The debt, which the Hong Kong offshore oil and gas producer fully guaranteed, was priced at 163 basis points over the benchmark 10-year U.S....
Tags: FINANCE, NYSE Euronext, SEC, U.S. Department of Treasury, yield
Research articles 2002-03-11
COSL SHAREHOLDERS REJECT AFFILIATE TRANSACTION
AsiaInfo Services 12-06-2004 COSL Shareholders Reject Affiliate Transaction BEIJING, Dec 06, 2004 SinoCast via COMTEX -- The shareholders of China Oilfield Services Limited COSL rejected the proposal of depositing amount of revenue to its affiliated finance company. China...
Tags: CNOOC Ltd.
Research articles 2004-12-06
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