Tullow Oil to offer 500m dollar senior notes

24th Oct 2013 10:30

FTSE 100-listed Tullow Oil has unveiled plans to offer 500m dollars of senior notes, due in 2020. The proceeds of the notes will be used to repay part of Tullow's existing indebtedness under the company's credit facilities. The interest on the notes will be payable semi-annually; the rate has not yet been determined. NR

Top Risers

Share	Price	Change
Active Energy (AEG)	0.55	155.81%
Pri0r1ty Int (PR1)	7.75	96.2%
Tiger Resource (TIR)	0.33	29.41%
Blue Star (BLU)	18.00	28.57%
Orchard Funding (ORCH)	64.00	26.21%

Top Fallers

Share	Price	Change
Distil (DIS)	0.235	-26.56%
Nativo Resources (NTVO)	0.275	-23.61%
Karelian (KDR)	0.85	-20.93%
Sabien Tech. (SNT)	8.00	-15.79%
Catenai Plc (CTAI)	0.325	-14.47%

Top By Volume

Share	Price	Volume
Mirriad Advertising (MIRI)	0.009	2,015,359,395
Caledonian Hold (CHP)	0.00325	821,001,972
Ethernity Net (ENET)	0.022	733,115,561
Tower Resources (TRP)	0.0285	451,557,822
Premier African Minerals (PREM)	0.01265	437,535,715

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.