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Petrominerales Ltd.

03:47 PM EST - Petrominerales Ltd. : said Tuesday that it has increased its previously announced offering of convertible notes to a total of $550 million U.S. principal amount, due to overwhelming investor demand. The $550 million U.S. total offering size includes the full exercise of the $100 million U.S. over-allotment option granted to ABG Sundal Collier Norge ASA, the sole bookrunner of the Offering. Petrominerales Ltd. shares T.PMG are trading down $1.73 at $27.27.