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Tullow's current outstanding bond issues are provided in the following table:

Principal amount

Cash coupon

Maturity

Ratings (S&P's, Moody's, Fitch)

Listing

ISIN (144A / RegS)

Senior Secured Notes

USD 1.210bn

10.25%

15 November 2028

CCC+/Caa2/CCC+

TISE

US89941AAA07 / USG9131AAA19

Corporate credit ratings

Tullow is currently rated by two credit rating agencies: Moody's Investor Services and Standard & Poor's:

Agency

Rating

Outlook

Publishing date

Standard & Poor's

CCC+

Stable

8 May 2026

Moody's

Caa3

Stable

8 May 2026

Fitch

CCC+

Stable

15 June 2026