Genel Energy PLC - London-based oil & gas exploration and development company - Announces the result of reverse tender offer to holders of USD300 million senior unsecured callable bonds. Accepts offers for USD107 million nominal value of bonds with the maximum accepted price set to 102% of nominal value. Cash settlement for bonds, including accrued interest, expected on August 23.
Current stock price: 82.17 pence, up 0.1%
12-month change: up 7.1%
By Elijah Dale, Alliance News reporter
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