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6 Oct 2020 08:02

UPDATE 4-Chrysaor to take over Premier Oil, creating UK North Sea's biggest producer

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group* FACTBOX on North Sea oil's changing owners...

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6 Oct 2020 08:02

UPDATE 5-Chrysaor to take over Premier Oil, creating UK North Sea's biggest producer

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group* FACTBOX on North Sea oil's changing owners...

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6 Oct 2020 08:02

UPDATE 3-Chrysaor to take over Premier Oil, paying off Premier creditors

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group (Adds details on payment for creditors)By ...

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6 Oct 2020 08:02

UPDATE 2-Chrysaor to take over Premier Oil, paying off Premier creditors

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group (Adds graphics, comment, detail)By Shadia ...

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6 Oct 2020 08:02

UPDATE 1-Premier Oil agrees to merge with Chrysaor, pay off creditors

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group (Adds detail, background)Oct 6 (Reuters) -...

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6 Oct 2020 07:55

LONDON BRIEFING: BHP To Increase Stake In Gulf Of Mexico Development

LONDON BRIEFING: BHP To Increase Stake In Gulf Of Mexico Development

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6 Oct 2020 07:44

LIVE MARKETS-On our radar: M&A music, Lufthansa's cash burn, UK pubs

* European stock futures up slightly* Trump returns to the White House* Asia shares hit 2-week high Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with J...

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6 Oct 2020 07:43

LONDON MARKET PRE-OPEN: Watches Of Switzerland Ups Full-Year Guidance

LONDON MARKET PRE-OPEN: Watches Of Switzerland Ups Full-Year Guidance

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1 Oct 2020 10:27

Premier Oil Creditors Agree To Waive Covenants Until Early November

Premier Oil Creditors Agree To Waive Covenants Until Early November

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1 Oct 2020 10:26

UPDATE 1-Premier Oil creditors extend debt test waiver to Nov. 5

* Creditors poised to choose future path for Premier* Potential Chrysaor deal still on table* Little interest in debt auction at 72 cents/dollar -source (Adds detail on ARCM debt auction, alternative deal)By Shadia Nasralla and Clara DeninaLONDON, O...

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1 Oct 2020 07:24

Premier Oil creditors extend debt test waiver to Nov. 5

LONDON, Oct 1 (Reuters) - Creditors of North Sea-focused Premier Oil have extended a waiver for the group's debt covenant test until Nov. 5, giving it breathing space to avoid a debt crunch, the company said on Thursday.Premier needs to convince a...

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25 Sep 2020 18:48

Premier Oil seeks new covenant waiver extension - source

LONDON, Sept 25 (Reuters) - Premier Oil is asking debt holders to extend a waiver on its borrowing terms beyond Sept. 30 while it tries to convince at least 75% of its creditors to back a plan to raise fresh equity, a source with knowledge of the...

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23 Sep 2020 16:35

Premier Oil seeks another price cut for BP North Sea deal -sources

* Premier wants to lower deal price by $70-$80 mln -sources* BP agreed in June to sweeten terms of dealBy Clara Denina and Ron BoussoLONDON, Sept 23 (Reuters) - Struggling oil and gas producer Premier Oil has begun talks with BP to lower for the s...

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21 Sep 2020 13:04

Hedge fund ARCM to sell $200 mln of Premier Oil debt -sources

By Clara DeninaLONDON, Sept 21 (Reuters) - Premier Oil's biggest lender, hedge fund Asia Research and Capital Management (ARCM), plans to auction $200 million of the energy producer's debt ahead of a $530 million equity raise by the company, three...

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17 Sep 2020 18:22

UPDATE 1-Premier Oil receives indicative support of $325 mln for capital increase -source

(Adds details)LONDON, Sept 17 (Reuters) - Premier Oil has received indicative, non-binding support in excess of a targeted $325 million for a capital increase linked to a debt restructuring, a source with knowledge of the matter said.The company n...

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