India-focused Indus Gas gets tenders for 99% of 8% notes due 2022

By Susanna Moon

Chicago, March 8 – Indus Gas Ltd. accepted tenders for S$99 million of its S$100 million 8% senior unsecured notes due 2022.

After settlement on March 8, there will be S$1 million of the notes left outstanding, according to a notice.

The company began tendering for the notes on Feb. 22 at a price of par plus accrued interest to but excluding the settlement date.

The offer ended at 4 a.m. ET on March 7.

Deutsche Bank AG, Singapore Branch is the tender agent.

Indus Gas is an oil and gas exploration and development company with assets in India. It is based in St. Peter Port, Guernsey, with an office in London.

© 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.