Business
Drawdown of Loan Notes
Drawdown of Loan Notes.
About this update from Sunda Energy Plc
[{"type":"text","content":"\n\n \n13 May 2025\nSunda Energy Plc\n(\"Sunda\" or \"Sunda Energy\" or the \"Company\")\n \nUpdate re. drawdown of Loan Notes\n \nFurther to the Company's announcement on 24 April 2025, Sunda Energy Plc (AIM: SNDA), the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, confirms that the Investors have subscribed for the initial tranche of an aggregate of US$1.5 million of Loan Notes and the Company is, as of today, in receipt of the funds.\n \nAs a result the first Draw Down under the Loan Notes has now completed and the funds will be used by the Company to fund Sunda's share of costs for Chuditch-2 and related project costs.\n \nThe Company will release further announcements at the time of future draw downs pursuant to the Loan Notes.\n \nCapitalised terms in this announcement have the meaning ascribed to them in the announcement released by the Company on 24 April 2025.\n \nFor further information, please contact:\n \n\n\n\n\nSunda Energy Plc\nAndy Butler, Chief Executive\nRob Collins, Chief Financial Officer\n \n\n\nTel: +44 (0) 20 7770 6424\n\n\n\n\nAllenby Capital Limited (Nominated Adviser and Joint Broker)\nNick Athanas, Nick Harriss, Ashur Joseph (Corporate Finance)\nKelly Gardiner, Stefano Aquilino (Sales and Corporate Broking)\n \n\n\nTel: +44 (0) 203 328 5656\n\n\n\n\nHannam & Partners Advisory Limited (Advisor and Joint Broker)\nNeil Passmore (Corporate Finance)\nLeif Powis (Sales)\n \n\n\nTel: +44 (0) 20 7907 8502\n \n\n\n\n\nCelicourt Communications (Financial PR and IR)\nMark Antelme, Philip Dennis, Charles Denley-Myerson\n\n\nTel: +44 (0) 20 7770 6424\[email protected]\n \n\n\n\n\n \n\n","length":4488,"tagName":"div"}]