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Petrofac seeks investor cash to help pay SFO bribery fine

By Martin Coyle ( October 26, 2021, 14:42 GMT | Insight) -- Petrofac is seeking to raise hundreds of millions from shareholders as it grapples with the fallout from its recent conviction in a London court for bribery offenses. In an earnings announcement today, the company said it was looking to raise $275 million from investors, partly to pay the bribery fine.Petrofac is seeking to raise hundreds of millions of dollars from shareholders as it grapples with the fallout from its recent conviction in a London court for bribery offenses....

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