IN BRIEF: Genel Energy announces bond buyback offer to bondholders
Genel Energy PLC - London-based oil producer with assets in Somaliland, Morocco and Iraq's Kurdistan region - To holders of Genel Energy 4 PLC's USD300 million senior unsecured callable bonds with ISIN NO0010894330, offers reverse tender offer. Targets around USD20 million in nominal value of bonds for cash management purposes. Buyback offer starts Monday and lasts until next week Wednesday. Company will determinate the maximum accepted price next week Thursday, with cash settlement expected the day after. Read More