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Gulf Keystone Petroleum Mulls US Dollar-denominated Senior Bond Issue

MT Newswires·10/22/2026 03:37:52
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03:37 AM EDT, 10/22/2026 (MT Newswires) -- Gulf Keystone Petroleum (GKP.L) is considering issuing a US dollar-denominated senior unsecured bond, subject to market conditions. The UK-listed Iraqi oil and gas company will use the net proceeds to finance near-term capital expenditures, resume development of the Shaikan field in Iraq, and for general corporate purposes, according to a Thursday release. Arctic Securities and DNB Carnegie will serve as joint bookrunners to arrange fixed-income investor meetings for the potential issuance.