Angus Energy plc lists bonds on NEX Exchange Growth Market

Our team: Paul Airley

Fladgate has advised AIM listed Angus Energy plc in connection with its application for listing up to £3.5m sterling denominated secured bonds with an 8.5% coupon due 30 June 2022 (NEX Bonds) to trading on the NEX Exchange Growth Market.

Angus Energy expects to issue the NEX Bonds in tranches, up to a total value of £3.5m, with the first tranche provisionally expected to be issued on or about 23 March 2017. The listing establishes a facility through which the company can issue debt via the NEX Bonds to fund development assets.

Angus Energy is an independent UK onshore oil and gas development, production and operations company and OGA-approved operator.

Capital markets partner Paul Airley led the Fladgate team.

Blogs

View by author:

Would you like to hear more?

Sign up to receive updates

Integrated

Our clients come to us to solve problems that are often complex and multifaceted. We draw together the multiple strands of a business or personal challenge into a coherent, integrated legal response that combines the knowledge and experience of experts in all the relevant fields.

Partner-led

We operate in small teams in which partners not only take the lead but also do a significant amount of the detailed work. Clients can be assured that the partners they engage and brief will remain closely involved in developing and delivering the advice as part of our close-knit, expert teams.

Experienced

Fladgate has a long heritage of delivering high-quality legal advice. We have been providing practical legal solutions to businesses and private clients for over 250 years. Today we are one of the UK’s top 100 law firms, with over 80 partners and a reputation for providing solutions that work.