News
29 April 2021

Tullow drops reserves based borrowing

In:
Oil & gas
Region:
Europe

Tullow Oil has launched a $1.8 billion offering of senior secured notes due 2026 and has received $600 million of commitments for a $500 million revolver and $100 million L/C maturing in December 2024. The notes and the revolver will be senior secured obligations of Tullow and guaranteed by some of...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
20 June 2026

Proximo at Global 26: Tempered optimism

There are signs that European lenders are expanding the assets and structures they will consider. But sessions at Exile Global 2026 saw banks at pains to stress that...

Perspective
24 June 2026

AtlasEdge: Europe's lender case beyond hyperscale

AtlasEdge’s €1.2 billion refinancing puts European colocation data centres back in focus. Diversified tenancy and modular build-outs in growing markets are giving lenders a...