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Genel Energy Plc - Cancellation of bonds held in treasury
RNS Number : 4456J
Genel Energy PLC
28 June 2017
28 June 2017
Genel Energy plc
Cancellation of bonds held in treasury
Reference is made to the announcement made on 7 April 2017 regarding Genel Energy Holding Company Limited's ('the Company') repurchase of GENEL01 PRO senior unsecured callable bonds with ISIN NO0010710882 ('Bonds').
The Company has now cancelled all Bonds held in treasury, with a total nominal value of $308.2 million. The outstanding nominal value of the Bonds is accordingly reduced to $421.8 million.
-ends-
For further information please contact:
Genel Energy
Phil Corbett, Head of Investor Relations
Andrew Benbow, Head of Public Relations
+44 20 7659 5100
Vigo Communications
Patrick d'Ancona
+44 20 7830 9700
Notes to editors:
Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed oil producers and the largest holder of reserves and resources in the Kurdistan Region of Iraq. Through its Miran and Bina Bawi gas fields, the Company is positioned to be a cornerstone provider of KRI gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities within the Middle East and Africa. For further information, please refer to www.genelenergy.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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