Brightoil Petroleum raises $135 million in top-up placement

The book is 3.2 times oversubscribed and consists of about 75% institutional investors and 25% retail.

Brightoil Petroleum, a provider of marine bunkering services in China, yesterday raised HK$1.04 billion ($135 million) through a top-up placement to fund the development of its oil projects.

¬ Haymarket Media Limited. All rights reserved.

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