15 Mar 2017 07:00
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
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Premier Oil plc | Tel: 020 7730 1111 |
Tony Durrant, Chief Executive |
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Richard Rose, Finance Director
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Bell Pottinger | Tel: 020 3772 2570 |
Lorna Cobbett |
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Henry Lerwill |
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PMO.L (PMO)