Tullow Oil Plunges to Record Low After Raising Net Debt Outlook

Tullow Oil Plc sank to a record low, with trading of the shares briefly halted in London, after the company raised its net debt forecast as it holds talks with...

By Paul Burkhardt · Bloomberg Markets

Tullow Oil Plc sank to a record low, with trading of the shares briefly halted in London, after the company raised its net debt forecast as it holds talks with creditors over various options.