on Genel Energy (isin : JE00B55Q3P39)
Genel Energy PLC Announces Bond Buy-Back Results
Genel Energy PLC has announced the results of its bond buy-back offer. The reverse tender offer aimed at holders of Genel Energy 4 Finance plc’s USD 300 million senior unsecured callable bonds has concluded. The company accepted offers for bonds with a nominal value of USD 107 million. The maximum accepted price is set at 102% of nominal value.
Cash settlement for the bonds, including accrued interest, is scheduled for 23 August 2024. Pareto Securities served as the broker for the buy-back offer. Luke Clements, Chief Financial Officer of Genel Energy, can be contacted for further information.
R. E.
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