Slaughter and May advised Genel Energy plc - reverse tender offer for senior unsecured bonds

Slaughter and May recently advised Genel Energy plc in connection with Genel Energy Holding Company Limited's (the Company) reverse tender offer to holders of Genel Energy Finance plc's Oslo-listed USD730 million GENEL01 PRO senior unsecured callable bonds (the Bonds). The Company repurchased a nominal amount of USD55.4 million of Bonds at a price of 63% of par value plus accrued unpaid interest.

Nigel Boardman Senior Consultant