News announcements
JSC BGEO Group debt issuance – US$350mln 6.00% Notes due 2023
Published on 27 Jul 2016
BGEO Group PLC, the holding company of JSC BGEO Group (the Company), announces that the Company has completed the issuance of its US$350,000,000 6.00% notes due 2023 (the New Notes). The Regulation S / Rule 144A senior unsecured Notes were issued and sold at an issue price of 99.297% of their principal amount on 26 July 2016. BofA Merrill Lynch and J.P. Morgan acted as Joint Lead Managers for the New Notes, with Galt & Taggart acting as Co-Manager. Dechert LLP and Baker & McKenzie LLP acted as legal advisors to the Joint Lead Managers and the Company, respectively. The New Notes are rated BB- (Fitch) and B1 (Moody’s). The New Notes are listed on the Irish Stock Exchange.