If Premier exercises the option, it will pay a bonus on FDP approval by DECC, a carry of 20 per cent of the development project costs, and a contingent bonus on completion of the project. The block is situated west of the Shetland .... Long -term borrowings are made up of convertible bonds and bank debt. The bonds have a par value of US$250 million and a final maturity date of 27 June 2014. They carry a conversion price of £13.56 per share. Additional credit facilities of ...





