12th Mar 2018 09:31
Proceeds from the notes will go towards redeeming in full the oil & gas company's senior notes due 2020, and the 2025 notes will become the general obligations of Tullow and guaranteed by its subsidiaries.
The interest will be payable semi-annually, but the interest rate, offering price and other terms are yet to be determined, and are subject to market conditions.
Shares in Tullow Oil were down 1.6% at
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