EXHIBIT 99.1
TRITON ENERGY PRICES
$300 MILLION NOTES OFFERING
DALLAS, TEXAS - September 27, 2000 - Triton Energy Limited (NYSE: OIL) announces
today that it will sell $300 million of 8 7/8% senior notes due 2007 in an
offering within the United States to qualified institutional investors and
outside the United States to non-U.S. investors. The offering is expected to
close October 4, 2000.
The notes have a seven-year term and will be noncallable for the first four
years.
Triton intends to use the proceeds to refinance its $200 million 8 3/4% Senior
Notes due 2002, as well as for capital expenditures and other general corporate
purposes.
This announcement is neither an offer to sell nor a solicitation to buy any of
these securities.
The securities to be offered will not be registered under the Securities Act of
1933, as amended (the "Securities Act"), or any state securities laws, and
unless so registered, may not be offered or sold in the United States except
pursuant to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable state securities
laws.
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Investor Contact: Crystal C. Bell, Director, Investor Relations and
Corporate Communications
Triton Energy
(214) 691-5200
Media Contact: Mark Semer
Kekst and Company
(212) 521-4802
