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Energy SpA — Capital/Financing Update 2015
Apr 21, 2015
4100_rns_2015-04-21_0730a0f5-22ca-45b2-a8d7-450a79a47a7f.pdf
Capital/Financing Update
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES
FOR IMMEDIATE RELEASE
Filing of Amended and Restated Bond Agreement
CALGARY, ALBERTA, April 21, 2015 - Iona Energy Inc. ("Iona" or the "Company") (TSX V: INA), a Canadian independent oil and gas company with assets in the UK North Sea provides the following update on its bond restructuring process.
On September 27, 2013, Iona, via its UK subsidiary, Iona Energy Company (UK) plc (the "Issuer"), issued US\$275 million in senior secured bonds (the "Bonds"). Further to the press releases of March 12, 2015 calling a bondholder meeting and of March 27, 2015 announcing that all motions at the bondholder meeting had been passed, Iona has now executed an amended and restated bond agreement among the Issuer and Nordic Trustee ASA, as bond trustee, setting out the terms and conditions of the bond amendments governing the Bonds.
Additional information relating to the Company is available on SEDAR at www.sedar.com.
For further information please contact:
| Iona Energy Inc. Tom Reynolds, CEO Robert Gair, CFO |
+44 (0) 1224 228400 +44 (0) 1224 228400 |
|---|---|
| Email: [email protected] | |
| Camarco Billy Clegg / Georgia Mann |
+44 (0) 20 3757 4980 |
Camarco is a financial public relations group assisting the Company with this press release.
About Iona Energy:
Iona is an oil and gas company with assets in the United Kingdom's North Sea.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.