Business
Appointment of financial and legal advisers
Appointment of financial and legal advisers.
About this update from Nostrum Oil & Gas Plc
[{"type":"text","content":"\n \n \n RNS Number : 1243M\n Nostrum Oil & Gas PLC\n 06 May 2020\n \n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION\n \n \n \n \n \n London, 6 May 2020\n \n \n \n \n \n Corporate Update\n \n \n Appointment of financial and legal advisers in connection with a possible restructuring\n \n \n \n \n \n \n \n \n Nostrum Oil & Gas PLC (LSE: NOG) (\"Nostrum\", or \"the Company\"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, \n today announces \n that following the Company's recent announcements regarding its intention to engage with its bondholders, the Company has appointed Rothschild & Co (\n \n \n [email protected]\n \n \n ) as its financial adviser and White & Case LLP (\n \n \n [email protected]\n \n \n and/or \n \n \n [email protected]\n \n \n ) as its legal adviser in connection with a possible restructuring of its US$725 million 8.0% Senior Notes due July 2022 and/or its US$400 million 7.0% Senior Notes due February 2025. \n \n \n \n \n \n Disclosure of inside information in accordance with Article 17 of Regulation (EU) 596/2014\n \n (16 April 2014) relating to Nostrum Oil & Gas PLC. \n \n \n \n \n \n LEI: 2138007VWEP4MM3J8B29\n \n \n \n \n \n Further information\n \n \n For further information please visit \n \n \n www.nog.co.uk\n \n \n \n \n \n \n \n \n Further enquiries\n \n \n Nostrum Oil & Gas PLC - Investor Relations\n \n \n Kirsty Hamilton-Smith\n \n \n +44 203 740 7433\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n Instinctif Partners - UK\n \n \n \n Mark Garraway\n \n \n Sarah Hourahane \n \n \n Dinara Shikhametova\n \n \n + 44 (0) 207 457 2020\n \n \n [email protected] \n \n \n \n \n \n Notifying person\n \n \n Thomas Hartnett\n \n \n Company Secretary\n \n \n \n \n \n About Nostrum Oil & Gas \n \n \n Nostrum Oil & Gas PLC is an independent oil and gas company currently engaging in the production, development and exploration of oil and gas in the pre-Caspi...