Teine Energy completes senior unsecured notes offering.
International Resource News-April 7, 2021--Teine Energy completes senior unsecured notes offering
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International Resource News - 07 April 2021
Teine Energy Ltd, a Calgary-based exploration, development and production company, has completed its earlier announced senior unsecured notes offering.
The company has issued USD400m in aggregate principal amount of 6.875 percent senior unsecured notes due in 2029. The notes were issued based on an indenture dated April 6, 2021, by and between Teine and Wilmington Trust, National Association, as trustee.
The company aims to use the net proceeds of the Notes Offering to redeem in full the USD350m in aggregate principal amount of 6.875 percent senior unsecured notes due 2022, to...
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