Corporate bond & credit rating

Tullow's current outstanding bond issues are provided in the following table:

Settlement Maturity Currency Amount (M) Coupon Listing Issue Rating ISIN
08/04/2014 15/04/2022 USD 650 6.250% Luxembourg CCC+ (Standard & Poor's) US899415AC75 (144A), USG91235AB05 (regulation S)
23/03/2018 01/03/2025 USD 800 7% Luxembourg

CCC+(Standard & Poor's)

US899415AE32 (144A) USG91237AA87 (regulation S)
Caa2 (Moody's)

Corporate credit ratings

Tullow is currently rated by two credit rating agencies: Moody's Investor Services and Standard & Poor's:

Agency Rating Outlook Publishing date
Standard & Poor's CCC+ Negative 26/03/2020
Moody's B3 On review for downgrade 25/03/2020