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Dec 15 2023, 15:20 GMT
Tullow has announced the final results of its recent tender offer for its 7% March 2025 notes. $141m was validly tendered at a price of 92%, with Tullow previously offering to buy back up to $300m. Bondholders are clearly now comfortable holding on to get par at maturity and this is very positive to see.
Dec 15 2023, 15:20 GMT