Share Name Share Symbol Market Type Share ISIN Share Description
Tullow Oil LSE:TLW London Ordinary Share GB0001500809 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.45p -1.76% 192.70p 192.75p 193.00p 201.70p 192.60p 198.70p 36,763,222 11:32:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1,275.3 -221.4 -10.9 - 2,683.04

Tullow Oil Intends to Offer $650 Million in Senior Loan Notes

12/03/2018 9:40am

Dow Jones News


Tullow Oil (LSE:TLW)
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By Oliver Griffin

 

Tullow Oil PLC (TLW.LN) said Monday that it intends to offer $650 million in senior loan notes, to be used with cash on hand to settle senior notes that are due in 2020.

The new notes will be due in 2025, the company said, with interest that will be payable semi-annually.

The interest rate, offering price and other terms will be determined at the time of pricing of the offering, Tullow said.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

March 12, 2018 05:25 ET (09:25 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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