Posts tagged: Premier Oil

Revealed: Hong Kong tycoon unhappy with Premier Oil's $2.8 debt deal; looking to form blocking group with other convertible bond investors - sources - part 3

Thursday, 9 March 2017, 10:37 am

I see Premier Oil is this morning claiming in its final results that its $2.8 billion jumbo refinancing will complete in late May. Here is the link:

http://www.investegate.co.uk/premier-oil-plc--pmo-/rns/final-results/201703090701079381Y/..

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Revealed: Hong Kong tycoon unhappy with Premier Oil's $2.8 billion debt deal; looking to form blocking group with other convertible bond investors - sources - part 2

Wednesday, 1 March 2017, 5:06 pm

Oh look - Pyrrho Investments has confirmed my tale from earlier on in the day and last week. In case you missed it, I have pasted the announcement below:

Pyrrho Investments Limited ("Pyrrho"), an investment fund, notes the Refinancing update announcements made by Premier Oil ("the Company") from February 2017 to date.

Pyrrho is one of the 3 largest convertible bondholders in Premier Oil with approximately 10% of the total convertible bonds in issuance...

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