EnQuest  (United Kingdom)

EnQuest plc

2010

None

Status: Performing

All payments are on time


7.0%

Maturity Date

15 Apr 2022

Next Interest Payment

15 Feb 2020

Interest Period

6 months

Unsecured

Industry

Energy, Utilities & Infrastructure

£500,000,000

ISIN

XS0880578728

Coupon Type

Payment-In-Kind Toggle, 7.0% Cash or 7.0% PIK depending on Cash Payment Condition

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

Enquest is one of the largest independent North Sea oil producers. The company is focused on acquiring & improving maturing oil fields. As of June 2019, the company produced 30,000 barrels of oil per day.

EnQuest PLC was formed in 2010 following a merger between Petrofac and Lundin. In 2014, the company expanded it's operations to Malaysia.

Shares in the Company trade on both the London Stock Exchange and the NASDAQ OMX Stockholm (ENQ.L and ENQ.ST).

Capital at risk. No FSCS cover. See Risk Statement.

 

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