Notification of Form of Interest

Corral Petroleum Holdings AB (publ) Notification of Form of Interest

December 18, 2015 -- Corral Petroleum Holdings AB (publ) (“Corral Petroleum Holdings”) notifies Holders of its €135,643,913 15% Senior Notes due 2017 and $168,470,758 15% Senior Notes due 2017 that it will pay as of  December 31, 2015, the ninth interest payment date, interest in the form of an additional 15% Senior Notes due 2017 as permitted pursuant to the terms of the relevant notes and the indenture dated September 14, 2011 entered into between, among others, Corral Petroleum Holdings and Deutsche Trustee Company Limited, as trustee (the “Trustee”).

 

Corral Petroleum Holdings also notifies Holders of its €78,588,101 Varying Rate Subordinated Notes due 2019 and $35,058,579 Varying Rate Subordinated Notes due 2019 that it will pay as of December 31, 2015, the twenty-third interest payment date, interest in the form of additional Varying Rate Subordinated Notes due 2019 as permitted pursuant to the terms of the relevant notes and of the indenture dated May 6, 2010, as amended and supplemented by  the supplemental indenture dated September 12, 2011, entered into between, among others, Corral Petroleum Holdings and the Trustee.

 

SOURCE:  Corral Petroleum Holdings AB (publ). 

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