Revus Energy Considers Norwegian Bond Issue



Revus Energy ASA is considering raising funds in the Norwegian bond market and has hired Pareto Securities as advisor and manager.

Tim Sullivan, CEO of Revus, said: "Revus seeks to maintain financial flexibility that will allow the company to grow, both through acquisitions and development of the existing portfolio. Against this background we are now considering raising funds in the Norwegian bond market." Revus Energy has no long term debt, and the company's cash position is NOK 170 million.

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