Brief: Atlantic Petroleum refinances debt, issues convertibles to London Oil and Gas

Atlantic Petroleum P/F

14/03/2017 06:16

March 14(Reuters) - Atlantic Petroleum P/F  ATLA.CO : 
    * Said on Monday had decided to issue convertible instruments to London Oil 
and Gas for up to 8 million pounds ($9.7 million) plus interest 
    * As per March 13, has drawn 881,478 pounds or 7.7 million Danish crowns of 
loan facility 
    * Had also agreed revised terms with Eik Bank for 66 million crown debt to 
Eik Bank - debt has been refinanced and is to be paid back from Dec. 2017 to 
Dec. 2019 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nCSE6P94 
     
 Further company coverage:  ATLA.CO   
    
 
 
 
($1 = 0.8219 pounds) 
 
 (Gdynia Newsroom) 
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