Neptune Energy Bondco plc (the “Issuer”), a wholly-owned subsidiary of Neptune Energy Group
Limited (“Neptune Energy” or the “Company”), is pleased to announce today that it has priced its
offering of 65/8% senior notes due 2025 (the “Offering”) in an aggregate principal amount of $300
million (the “Notes”), which will constitute an additional issuance of notes of the series of which an
aggregate principal amount of $550m were previously issued.
Interest will be payable semi-annually. The Offering is expected to close on or about 25 October
2019, subject to customary conditions precedent for similar transactions.
The Company intends to use the gross proceeds of the Offering to partially repay (without
cancelling) drawn commitments under the group’s reserves-based lending facility.