-- London-listed energy company Kistos (KIST.L) priced its $300 million senior secured bonds at par issued to investors across the Nordics, the UK, and other geographies.
The bonds carry a coupon of 9.875% per year and mature in four years, according to a Friday filing. The release of the proceeds remains subject to the company's acquisition of certain blocks in Oman.
Kistos plans to use the proceeds to redeem its existing Norwegian bonds and for general corporate purposes.