Puma Energy subsidiary receives consents to extend 4½% notes

New York, May 17 – Puma Energy Holdings Pte. Ltd.’s subsidiary, Puma International Financing SA, received the requested consents from holders of its €200 million of 4½% senior notes due 2022 to amend the indenture governing the notes, including to extend the maturity date.

By the consent deadline of 10 a.m. ET on May 10, holders of 99.75% of the notes had delivered consents.

Puma entered into a supplemental indenture that became effective on May 14.

As announced on May 3, Puma was seeking to amend the notes to extend the maturity date to May 2024 from October 2022, change the interest rate to 2.65%, modify the repayment terms of the notes so that the issuer can make installment payments and align the covenants of the notes with those under the issuer’s $750 million 5 1/8% senior notes due 2026.

The notes will be renamed “2.65% euro-denominated amortizing senior notes due 2024.”

Lucid Issuer Services Ltd. (+44 20 7704 0880 or puma@lucid-is.com) is the tabulation agent.

Puma is a Singapore-based oil and gas products and services company.

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