Nabarro acts for brokers to secure £65m cashbox placing by Faroe

Nabarro has advised a consortium of brokers comprising Panmure Gordon, Oriel Securities, RBC Europe and Pareto Securities in relation to the £65m cashbox placing by Faroe Petroleum. 

Faroe is an AIM-listed independent oil and gas group focused on exploration, appraisal and production in Norway, the Atlantic Margin and the UK North Sea.

The Nabarro team was led by head of corporate Iain Newman and assisted by senior associate Ben Price and associate Sarah Etherington. Faroe was advised by K&L Gates.