05:06 AM EDT, 10/26/2026 (MT Newswires) -- Kistos (KIST.L) launched a tap issue of $50 million under its existing 9.875% senior secured bonds maturing in May 2030. The London-listed energy company will use the net proceeds for general corporate purposes, including financing the group's growth, according to a Monday release. The tap issue is expected to be settled on or around Nov. 6, subject to customary closing conditions. Kistos priced the tap issue at 101.10% of par value, equivalent to a 9.5% yield, taking the bond's total outstanding amount to $350 million.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.