OB:BWLPGOil and Gas
Does Bond Offering Change The Bull Case For BW LPG (OB:BWLPG)?
BW LPG Limited recently completed a US$300 million fixed income offering of 2.25% senior unsecured callable convertible bonds due September 9, 2031, following a prior announcement of the issue.
The bond deal arrived shortly after BW LPG reported higher net income and earnings per share for the second quarter and first half of 2026, along with a larger cash dividend for the quarter.
We will now examine how BW LPG's sizeable new convertible bond issue relates to its earnings and dividend...