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IN BRIEF: Genel Gets Over USD10 Million From August Kurdistan Sales

Fri, 25th Sep 2020 19:27

Genel Energy PLC - oil producer - Receives payments from Kurdistan for August oil sales. Genel's net share of Taq Taq sales are USD2.6 million and Tawke sales at USD8.2 million. Genel also said it has completed the issue of a USD300 million senior unsecured bond which matures in October 2025 and carries a 9.25% annual coupon.

Current stock price: 126.00 pence

Year-to-date change: down 33%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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