Published on 12/5/2013 in the Prospect News Emerging Markets Daily.
New Issue: EM-focused Premier Oil prices £150 million 5% notes due 2020 at par
By Christine Van Dusen
Atlanta, Dec. 5 - London-based and emerging markets-focused Premier Oil plc priced £150 million seven-year notes at par to yield 5%, a market source said.
Barclays, Canaccord Genuity and Lloyds Bank were the bookrunners for the Regulation S deal.
Premier is a London-based independent exploration and production company with oil and gas interests in the North Sea, South East Asia and in the Middle East, Africa and Pakistan region.
| Issuer: | Premier Oil plc
|
| Amount: | £150 million
|
| Maturity: | Dec. 11, 2020
|
| Description: | Senior notes
|
| Bookrunners: | Barclays, Canaccord Genuity, Lloyds Bank
|
| Coupon: | 5%
|
| Price: | Par
|
| Yield: | 5%
|
| Trade date: | Dec. 5
|
| Settlement date: | Dec. 11
|
| Distribution: | Regulation S
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
