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Prospect News home > News index > List of issuers T > Headlines for TransAtlantic Petroleum Ltd. > News item
Published on 11/29/2016 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

TransAtlantic Petroleum calls some 13% convertible notes due 2017

By Marisa Wong

Morgantown, W.Va., Nov. 29 – TransAtlantic Petroleum Ltd. issued a notice of optional partial redemption for its outstanding 13% convertible notes due 2017.

The company plans to redeem $4,275,000 of the notes at par plus accrued interest to the redemption date of Jan. 1, according to an 8-K filing with the Securities and Exchange Commission.

U.S. Bank NA is the agent.

Holders may convert their notes prior to the redemption date, the filing noted.

The oil and gas company is based in Dallas.


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