Kistos Launches $50 Million Tap Issue Under Senior Bonds Due May 2030

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.