Gulf Keystone Prices $175M Five-Year Bond at 10.25%
The senior unsecured bond will be issued at 98% of par. Proceeds are earmarked for near-term capital expenditure and general purposes; settlement is expected on or about Nov. 10, 2026, subject to conditions.
Gulf Keystone Petroleum Ltd. priced a $175M 5-year senior unsecured bond at a 10.25% coupon, to be issued at 98% of par. Proceeds fund near-term capex and general purposes; settlement expected on or about Nov 10, 2026, subject to conditions.Material DetailsContext by AI AnalystThis is a mid-cycle f…