Bond Ithaca Energy PLC 9.375% ( USG49774AA35 ) in USD

Issuer Ithaca Energy PLC
Market price 100 %  ▲ 
Country  United Kingdom
ISIN code  USG49774AA35 ( in USD )
Interest rate 9.375% per year ( payment 2 times a year)
Maturity 14/07/2024 - Bond has expired



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Minimal amount 200 000 USD
Total amount 500 000 000 USD
Cusip G49774AA3
Detailed description Ithaca Energy [North Sea] PLC is a UK-based oil and gas exploration and production company primarily focused on the North Sea, holding significant interests in several producing fields and licenses.

An update on the fixed-income market indicates the successful maturity and redemption of the Ithaca Energy [North Sea] PLC bond, identified by ISIN USG49774AA35 and CUSIP G49774AA3. This particular debt instrument, issued by Ithaca Energy [North Sea] PLC, a prominent independent oil and gas exploration and production company with significant operations concentrated in the UK Continental Shelf within the North Sea region, has completed its lifecycle. Originating from the United Kingdom, this bond was denominated in US Dollars, carrying a fixed annual interest rate of 9.375%. The total size of the issuance amounted to $500,000,000, with a minimum purchase requirement of $200,000 for investors. Throughout its term, interest payments were distributed semi-annually, reflecting a payment frequency of two times per year. On its maturity date of July 14, 2024, the bond was reported to be trading at 100% of its par value, consistent with its full repayment. The definitive confirmation of its maturity and subsequent redemption ensures that all principal was returned to bondholders, signifying a successful conclusion to this particular obligation for Ithaca Energy [North Sea] PLC.