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Deferral of Financial Covenant Test

1 Feb 2017 07:00

RNS Number : 6665V
Premier Oil PLC
01 February 2017
 

This announcement has been determined to contain inside information

 

PREMIER OIL PLC

("Premier" or "the Group")

Deferral of Financial Covenant Test

1 February 2017

 

As anticipated, Premier has received a monthly deferral in respect of the test of its financial covenants with the test for the 12 month period ending 31 January 2017 waived and replaced by a test for the 12 month period ending 28 February 2017.

Premier expects to announce full details of the commercial terms of its refinancing within the next few days.

Enquiries

 

 

Premier Oil plc

Tel: 020 7730 1111

Tony Durrant, Chief Executive

 

Richard Rose, Finance Director

 

 

Bell Pottinger

Tel: 020 3772 2570

Lorna Cobbett

 

Henry Lerwill

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
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789101112131415

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