Tullow Oil

Tullow Oil - RCF/Bonds

Borrower(s)
Tullow Oil
Industry
Oil & gas/Oil - Upstream (Exploration and production)
Area of finance
Commodity Trade Finance
Region
Europe
Europe
Countries
United Kingdom

Deal Overview

The transaction allowed Tullow to fully reset its capital structure with proceeds used to refinance: (i) the USD 1.43bn Senior Secured Reserve Based Lending Facility (RBL), (ii) USD 300m and USD 650m junior bonds maturing in Jul-21 and in Apr22, respectively.ING acted as (i) Joint Global...

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Deal Volume
$2.4bn
Financial Close
17/05/2021
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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