Salamander announces that it is contemplating issuing up to US$150 MM of Senior Unsecured Callable Bonds maturing in 2020. The net proceeds will be used for general corporate purposes of the Group including refinancing of the existing debt including the US$50 million under the Kerendan Bridge Facility and (at Salamander’s discretion) up to US$100 million of the Convertible Bonds

Pareto Securities has been appointed as Sole Manager and Bookrunner of the Bond Issue.

 

Enquiries:

Salamander Energy     
+ 44 (0)20 7432 2680
James Menzies, Chief Executive Officer     
Geoff Callow, Head of Corporate Affairs     
      
Brunswick Group     
+44 (0)20 7404 5959
Patrick Handley     
Elizabeth Adams          

Pareto Securities Fixed Income Sales Desk     
+47 22 87 87 70

 

About Salamander

Salamander Energy is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange (Ticker: SMDR).