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Published Thu, Nov 24, 2016 · 09:50 PM

KrisEnergy

KRISENERGY reiterated on Thursday that the terms it has proposed for the restructuring of its notes are final. In an exchange filing, the oil and gas exploration and production firm said that it has sought the feedback of noteholders before the consent solicitation exercise was launched, and taken into account their views. The company has implemented suggestions where possible, such as adding an oil price-linked coupon.If any material changes to the terms of the notes or the preferential offering were to be made, more disclosure would be required, and the noteholder meetings will be adjourned to a date later than Dec 9.

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