Indus Gas Limited

Equities

INDI

GG00B39HF298

Oil & Gas Exploration and Production

Delayed London S.E. Other stock markets 03:56:13 2024-04-26 am EDT			5-day change	1st Jan Change
11.1 ^GBX	-6.31%		-77.46%	-85.20%

2023	Hermes Pacific revenue doubles; swings to profit	AN
2023	Earnings Flash (INDI.L) INDUS GAS Reports H1 EPS $0.07	MT

Indus Gas : Completion of placement of SGD $100 million notes - London Stock Exchange

April 21, 2015 at 05:45 am EDT

21/04/2015 Completion of placement of SGD $100 million notes London Stock Exchange

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Indus Gas Limited INDI

Completion of placement of SGD $100 million notes

Released 07:00 21Apr2015

RNS Number : 7696K Indus Gas Limited
21 April 2015

For Immediate Release 21 April 2015

Indus Gas Limited

("Indus" or "the Company")

Completion of placement of SGD $100 million senior unsecured notes as first tranche of a Medium Term Note ("MTN") programme

Indus Gas Limited (AIM:INDI.L), an oil & gas exploration and development company with assets in India, is pleased to announce that it has priced an issue of SGD $100 million in senior unsecured notes ("the Notes") due 23 April 2018 at a coupon of 8% fixed.
Settlement date for the new Notes is expected to be on or about 23 April 2015.
Indus continues to widen the funding options available to the Company and has established an MTN programme with the SGX in Singapore for up to US $300 million. Depending upon the funding requirement and subject to potential availability of financing on reasonable terms, the Company may draw further tranches against this MTN programme in future.
The net proceeds of the Notes will be used to fund further drilling activities in the Rajasthan Block. For further information please contact:

Indus Gas Limited

Peter Cockburn
John Scott +44 (0) 20 7877 0022

Arden Partners plc

Steve Douglas +44 (0) 20 7614 5900

Bell Pottinger PR

Philip Dennis +44 (0) 20 3772 2557

http://www.londonstockexchange.com/exchange/news/marketnews/marketnewsdetail/12322988.html 1/2

21/04/2015 Completion of placement of SGD $100 million notes London Stock Exchange

This information is provided by RNS
The company news service from the London Stock Exchange
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Completion of placement of SGD $100 million notes ‐ RNS

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Latest news about Indus Gas Limited

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Indus Gas Limited is an oil and gas exploration and development company. The Company explores, develops, produces, distributes, and markets hydrocarbons, including natural gas initially in India. The Company is engaged in oil and gas exploration and development in Block RJ-ON/6, Rajasthan, India. It owns about 90% participating interest in the Block (excluding the SGL gas field, in respect of which its participating interest is 63%). The Participative Interest of the Company is held through its wholly owned subsidiaries, such as iServices Investment Limited, and Mauritius and Newbury Oil Company Limited, Cyprus. The on-shore Block RJ-ON/6, operated by an affiliate company, Focus Energy Limited (Focus), which is located in Rajasthan state in western India and covers an area of approximately 4,026 square kilometers. The Block is part of the Indus Basin, which straddles eastern Pakistan and western India. The Company sells its natural gas to GAIL (India) Limited.

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Oil & Gas Exploration and Production

Calendar

2024-09-26 - Q4 2024 Earnings Release (Projected)

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