REG-Genel Energy PLC Genel Energy PLC: Bond call option exercised

Genel EnergyAnnouncement

01/04/2025 12:45

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   Genel Energy PLC (GENL)
   Genel Energy PLC: Bond call option exercised

   01-Apr-2025 / 12:33 GMT/BST

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   1 April 2025

                                        

                                Genel Energy plc

                                        

                           Bond call option exercised

                                        

   Consistent with the basis for the  recent placement of a new $100  million
   senior unsecured  bond  with maturity  in  April 2030,  Genel  Energy  plc
   ('Genel' or  'the Company')  has  notified Nordic  Trustee A.S.  that  the
   Company will  call  the  outstanding  bond  amount  relating  to  ISIN  NO
   0010894330 with a  maturity date  in October 2025  and a  fixed coupon  of
   9.25% per annum, at a price equal to 100% of the nominal amount. The total
   amount outstanding before the call is $66 million. 

   The settlement date is set to be 14 April 2025.

    

                                     -ends-

    

   For further information, please contact:

    

   Genel Energy
                                          +44 20 7659 5100
   Luke Clements, Chief Financial Officer
                                           
   Vigo Communications
                                          +44 20 7390 0230
   Patrick d'Ancona 

    

   Notes to editors:

    

   Genel Energy is  a socially responsible  oil producer listed  on the  main
   market   of    the    London    Stock   Exchange    (LSE:    GENL,    LEI:
   549300IVCJDWC3LR8F94).  For   further   information,   please   refer   to
    1 www.genelenergy.com.

    

    

    

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   Attachment

   File:  2 Exercise of voluntary partial redemption (Call Option)

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           JE00B55Q3P39, NO0010894330
   Category Code:  MSCH
   TIDM:           GENL
   LEI Code:       549300IVCJDWC3LR8F94
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   380837
   EQS News ID:    2109934


    
   End of Announcement EQS News Service

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References

   Visible links
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