KAR 3.48% $1.81 karoon energy ltd

Ann: Karoon prices US$350m Second-Priority Senior Secured Notes, page-2

  1. 348 Posts.
    lightbulb Created with Sketch. 152
    $130m of net debt and having to borrow at 10.5% p.a.

    They bought Who Dat at a lower cost of capital than their debt......

    Karoon management are incompetant.
 
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