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Refinancing update

15 Mar 2017 07:00

RNS Number : 4831Z

Premier Oil PLC

15 March 2017

This announcement has been determined to contain inside information

PREMIER OIL PLC

("Premier")

Refinancing update

15 March 2017

Premier today announces that the final Schuldschein loan holder has entered into the lock up agreement with respect to the terms of the proposed refinancing. As a result of this, the lock up agreements entered into by the Private Lenders (comprising the RCF, FLS Term Loan, US Private Placement notes and Schuldschein loans) and the convertible bondholders have now become effective, committing the parties who have locked up to vote in favour of the refinancing.

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

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10th Apr 2014	5:18 pm	RNS	Transaction in Own Shares
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