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...

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