9th Apr 2014 07:08
LONDON (Alliance News) - Gulf Keystone Petroleum Ltd Wednesday said it had priced a USD250 million debt offering.
In a statement, the company said the privately placed debt securities were made up of three-year unsecured senior notes carrying a coupon of 13% a year and freely tradeable and detachable warrants relating to 40 million of its shares.
Gulf Keystone shares were down 1.9% at 101.02 pence early Wednesday.
By Steve McGrath; [email protected]; @SteveMcGrath1
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