Investors

Corporate bond and Credit rating

Seplat’s current outstanding bond issues are provided in the following table:

Settlement  Maturity Currency Amount (millions) Coupon Listing Issue Rating ISIN
21 March 2018 1 April 2023 USD 350 9.25% Luxembourg, London Stock Exchange B2 (Moody's Investors Service), B (Standard & Poor), B- (Fitch) US81733LAA52 (144A), XS1789190243 (Regulation S)

Corporate Rating

Seplat is currently rated by three credit rating agencies: Moody's Investor Services, Standard & Poor's Rating Services and Fitch Rating: 

Issue Rating
Standard & Poor's Rating Services B-
Moody's Investor Services B2
Fitch Ratings B-
Corporate Rating Outlook Publishing date
Standard & Poor's Rating Services B Negative  
Moody's Investor Services B2 Negative 22 May 2020
Fitch Ratings B- Positive 23 November 2020

Related content

Who we are

Our history

An outline of our history since formation in June 2009 through the partnership of Shebah Petroleum Development Company Limited and Platform Petroleum Joint Ventures Limited.
How we do it

Our operating values

We create sustainable Value with Integrity through Partnerships.
What we do

How we create value

We have carefully designed our business model to create long-term value and shared prosperity for our shareholders and other stakeholders, leveraging our core strengths and expertise to capitalise on growth opportunities available to us across the upstream value cycle.