Business
Pricing of offering of $500 million senior notes
Pricing of offering of $500 million senior notes.
About this update from Harbour Energy Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4306O\n Harbour Energy PLC\n 08 October 2021\n \n \n \n Harbour Energy plc\n Pricing of offering of $500 million senior notes\n 8 October 2021\n \n \n Harbour Energy plc (the \"Company\") is \n pleased to announce that it has priced its senior notes offering (the \"Offering\") of $\n 500 \n million aggregate principal amount of 5.50% senior notes due October 2026 (the \"Notes\"). Interest will be paid semi-annually. The Offering is expected to close on or about 18 October 2021, subject to customary conditions precedent for similar transactions.\n \n \n \n \n \n The Company intends to use the gross proceeds of the Notes to repay in full and cancel its Shell Junior Facility, partially repay drawings under its senior secured reserves-based lending facility and for transaction fees and expenses.\n \n \n \n \n \n Enquiries\n Harbour Energy plc\n Elizabeth Brooks, Head of Investor Relations Tel: 020 7824 1116\n \n \n \n Cautionary Statements\n \n \n This announcement is for information purposes only and is not intended for publication, release or distribution to, or use by, any person or entity in any jurisdiction or country where such publication, release, distribution or use would be contrary to law or regulation. In particular, this announcement does not constitute a prospectus or an offer or sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in the United States (including its territories and possessions, any state of the United States and the District of Columbia) and this announcement may not be distributed except to (1) persons that are qualified institutional buyers (\"QIBs\") as defined in Rule 144A under the U.S. Securities Act of 1933 (the \"Securities Act\"); or (2) to non-U.S. persons outside the United States in accordance with Regulation S under the Securities Act (and, if investors are resident in (i) a member state of the European Economic Area (\"EEA\"), a qualified investor within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the \"Prospectus Regulation\") or (ii) the United Kingdom, a qualified investor within the meaning of the Prospectus Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the \"EUWA\"). Such securities may not be offered or ...