Repayment of 2025 Notes
Repaid $493 million maturity of Senior Notes from Glencore facility drawdown and cash.
- Senior Notes repaid $493 million
- Glencore Facility drawn $270 million
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3 March 2025 - Tullow Oil plc (Tullow) confirms that it has repaid in full its Senior Notes which matured on 1 March 2025. The principal repayment of $493 million and accrued interest to maturity were funded from a combination of drawing down the remaining balance of $270 million under the Glencore Facility and cash on balance sheet.
Tullow is making good progress with its plans to refinance and simplify the Group's capital structure during 2025.
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