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Published on 3/22/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Seplat Petroleum to redeem $350 million 9¼% senior notes due 2023

By Taylor Fox

New York, March 22 – Seplat Petroleum Development Co. plc plans to fully redeem its $350 million 9¼% senior notes due 2023 (ISIN: XS1789190243) on April 1, according to a notice.

The redemption price of 102.3125 plus interest will be paid to holders of record as of March 30.

Citibank, NA, London Branch is the paying agent.

Seplat is a Nigerian oil and gas exploration and development company.


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