EnQuest plans to draw on revolver for redemption of notes due 2023

Chicago, Oct. 10 – EnQuest plc will use borrowings under its revolving bank loan, with cash and proceeds from a new note offering, to fund the redemption of the company’s existing senior notes due 2023, according to a market source.

The issuer is an independent oil and gas producer based in the United Kingdom and operating in the United Kingdom, the North Sea and Malaysia.

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