Reuters logo
BRIEF-Premier Oil announces refinancing update
April 25, 2017 / 6:41 AM / 7 months ago

BRIEF-Premier Oil announces refinancing update

April 25 (Reuters) - Premier Oil Plc:

* Holders representing more than 75% by value of its $245m convertible bonds have now entered into lock up agreement

* This commits them to vote in favour of proposed refinancing on terms of that lock up agreement

* This is a sufficient majority to pass required resolution to implement amended terms of convertible bonds. Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below