Business
Pricing of Convertible Bonds Tap Issue
Pricing of Convertible Bonds Tap Issue.
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n \nRNS Number : 7537R Gulf Keystone Petroleum Ltd. 30 October 2013 \n \n\n \nNOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW\n \n \n30 October 2013\n \n \nGulf Keystone Petroleum Ltd. (AIM: GKP)\n(\"Gulf Keystone\" or the \"Company\")\n \nPricing of \"tap issue\" of Convertible Bonds, to be consolidated and form a single series\nwith the US$275,000,000 convertible bonds issued in October 2012 and due October 2017\n \nFollowing the press release issued earlier today, Gulf Keystone announces the pricing of the offering (the \"Offering\") of senior unsecured convertible bonds (the \"New Bonds\"). The New Bonds shall be issued at 100% of par in an aggregate principal amount of US$ 50,000,000 plus accrued interest from and including 18 October 2013 to but excluding the Closing Date. The New Bonds are to be issued on the same terms (save for the issue price) as, and shall be consolidated and form a single series with, the US$ 275,000,000 6.25% Convertible Bonds due October 2017, issued by the Company on 18 October 2012 (the \"Original Bonds\" and together with the New Bonds, the \"Bonds\").\n \nClosing and settlement are expected on 6 November 2013 (the \"Closing Date\"). An application will be made to admit the New Bonds to trading on the EuroMTF market of the Luxembourg Stock Exchange prior to 30 November 2013.\n \nBNP Paribas is acting as Sole Bookrunner and Lead Manager in respect of the Offering. \nNatixis is acting as Co-Bookrunner in respect of the Offering.\n \n \nEnquiries:\n \n\n\n\n\nGulf Keystone Petroleum\n\n\n+44 (0) 20 7514 1400\n\n\n\n\nEwen Ainsworth, Finance Director\n\n\n\n\n\n\n\nAnastasia Vvedenskaya, Investor Relations\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited\nStuart Faulkner / James Harris / Rory Murphy\n\n\n+44 (0) 20 7409 3494\n\n\n\n\n\n\n\n\n\n\n\n\nPelham Bell Pottinger\n\n\n+44 (0) 20 7861 3232\n\n\n\n\nMark Antelme / Henry Lerwill\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBNP Paribas\n\n\n\n\n\n\n\nFlorence Sztuder (Syndicate Desk)\n\n\n+33 (0) 144 95 4100\n\n\n\n\nBen Canning (Equity Capital Markets)\n\n\n+44 (0) 20 7595 1000\n\n\n\n\n \nor visit: www.gulfkeystone.com\n \n\n\nNo...