
Brooge Petroleum and Gas Investment Company FZE, founded in 2018 and headquartered in the UAE, is dedicated to providing integrated storage and logistics solutions for the oil and gas sector. The company specializes in crude oil and petroleum product storage, offering a range of services that support the energy supply chain.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
BROPAG 8.50% 2025-09-24 USDBrooge Petroleum and Gas Investment Company FZE | United Arab Emirates | 2025-09-24 | 8.500 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Brooge Petroleum made its debut in bond issuances in 2021, showcasing its commitment to financing operational expansion and revenue growth. In 2022, the company issued a notable $100 million bond with a yield of 8.25%, which received strong market interest following the successful expansion of its storage facilities. This issuance marked a significant step in Brooge's capital strategy, and news surrounding these bonds indicated favorable investor sentiment in comparison to industry yields, underscoring Brooge's solid positioning within the market.