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Gulf Keystone Bond Offering – a Couple of observations

Tom Winnifrith
Wednesday 30 October 2013

Gulf Keystone Petroleum (GKP) is taking on yet more debt with a $50 million bond offering today. The statement made me raise my eyebrows once or twice. I would not buy the shares myself but nor would I short but if forced to choose then at today’s price I’d sell. I observe. 

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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