Gulf Keystone Petroleum announces settlement and closing of convertible bonds

Friday, October 19, 2012      
  • BNP Paribas acted as Sole Bookrunner and Lead Manager of the Offering.

Gulf Keystone announce the settlement and closing of its successful offering (the "Offering") of senior unsecured convertible bonds due October 2017 (the "Convertible Bonds").

The Company intends to make an application for the Convertible Bonds to be admitted to listing on the Official List of the UK Listing Authority and admitted to trading on the Professional Securities Market of the London Stock Exchange by no later than 30 November 2012.

BNP Paribas acted as Sole Bookrunner and Lead Manager of the Offering. Mirabaud Securities LLP and Natixis acted as Co-Bookrunners of the Offering.

Ewen Ainsworth, Gulf Keystone's Finance Director commented:

"We are extremely pleased with the response received from existing and new investors to this important financing initiative. This is the first time Gulf Keystone has accessed the debt capital markets, and the success of the offering demonstrates investors' confidence in the Company's on-going move from appraisal to development of its world class Shaikan field and the maturing hydrocarbon profile of the Kurdistan Region of Iraq."


Article Tags

Gulf Keystone United Kingdom West Europe Finance AIM

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

Related News

Join 80,000 oil and gas professionals who receive our weekly newsletter.

You may unsubscribe at any time with one click.

Upcoming OilVoice Training Course

Oil & Gas Leadership Essentials: Presenting and Persuading
This is a two day course, running on Monday 1st and Tuesday 2nd February 2016 Course Summary Presenting persuasively is an essential leadership skill. As we fight for more limited financial resources in today’s low oil price environment, those who take the initiative to possess this skill will now,...
London - 01 Feb

Richard Grant


Discount Code
OilVoice-10 for 10% off any course.View Course

All OilVoice Training Courses
Popular Headlines View all

Mars Omega Inside Track View all

OilVoice has teamed up with specialist information providers Mars Omega, to provide you with exclusive reports on the most complex and volatile areas of exploration.

Politics and power: an insight into Iran's decision makers and takers

Nigeria: navigating the Delta

Latest Opinion View all

Join 90,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile

Time for a change? All jobs Jobs near you

OilVoice Training All upcoming


OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Phone: +44 207 993 5991
Contact Us

Stay Connected

2015 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us