Ophir Energy Plc Repayment of Unsecured Bonds (2594M)
05 Mai 2015 - 6:09PM
UK Regulatory
TIDMOPHR
RNS Number : 2594M
Ophir Energy Plc
05 May 2015
5 May 2015
Ophir Energy plc
Repayment of Unsecured Bonds
Ophir Energy plc ("Ophir") advises that certain bondholders have
exercised their put option totalling approximately $45 million of
the $150 million Unsecured Bonds that were previously issued by its
subsidiary Salamander Energy plc ("Salamander"). The put option, at
an option price of 101%, was triggered by the acquisition of
Salamander by Ophir; the put option expired on 1 May 2015.
Ophir will be completing a review of its debt structure during
the second half of 2015 with a view to optimising its balance
sheet.
Ends
For Further Enquiries please contact:
Ophir Energy plc +44 (0)20 7811 2400
Geoff Callow, Head of Investor Relations
Brunswick Group +44 (0)20 7404 5959
Patrick Handley
Carolina Desmeules
This information is provided by RNS
The company news service from the London Stock Exchange
END
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