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Published on 9/14/2020 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

TransAtlantic says holders of all 12% convertibles approve merger

By Wendy Van Sickle

Columbus, Ohio, Sept. 14 – TransAtlantic Petroleum Ltd. said holders of 100% of its 12% series A convertible redeemable preferred shares gave their consents to some changes sought by the company at a meeting on Thursday, according to a news release.

Specifically, holders gave their consents to short notice for the special meeting and to approve the agreement and plan of merger dated Aug. 7 by and among the company, TAT Holdco LLC and TAT Merger Sub LLC under which the company will merge with and into TAT Merger Sub.

The oil and gas company is based in Dallas.


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