Business
Launch of U.S. Dollar denominated bond offering
Launch of U.S. Dollar denominated bond offering.
About this update from Seplat Energy Plc
[{"type":"text","content":"\n \nRNS Number : 2446G SEPLAT Petroleum Development Co PLC 28 February 2018 \n\n28 February 2018\nSeplat Petroleum Development Company Plc\n(\"Seplat\" or the \"Company\")\nAnnouncement of launch of U.S. Dollar denominated bond offering\n \nSeplat today announces that it has launched a 5 or 7 year U.S. dollar denominated Regulation S/144 A senior notes (the \"Notes\") offering. The Notes will be issued by the Company and guaranteed by certain of its subsidiaries. The proceeds of the Notes will be used to refinance existing indebtedness and for general corporate purposes. \nThis announcement contains inside information under Article 17 of Regulation (EU) 596/2014 (16 April 2014).\nIMPORTANT INFORMATION\nThis announcement is not an offer of securities of the Company for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the \"Securities Act\"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any offering of securities will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and its management, as well as financial statements. \nThis announcement is not an offering circular or an invitation to the public to acquire or dispose of any securities of the Company pursuant to the Nigerian Investments and Securities Act, No. 29 of 2007 (the \"ISA\") and the Rules and Regulations of the Nigerian SEC, 2013, as amended (\"Nigerian SEC Rules\"). The securities have not been registered under the ISA and may not be offered or sold within Nigeria to, or for the account or benefit of, persons resident in Nigeria, except to the extent that the relevant offering memorandum and the securities have been registered with the Nigerian SEC and its written approval obtained in accordance with the provisions of the ISA and the Nigerian SEC Rules.\nThis announcement is for information purposes only and is directed only at persons who are: (1) located outside the United States and are (a) persons in member states of the Eu...