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Bullboard - Stock Discussion Forum Canacol Energy Ltd CNNEF


Primary Symbol: T.CNE

Energy Oil & Gas E&P
Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Valley basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It... see more

TSX:CNE - Post Discussion

Canacol Energy Ltd > new debt offering??
View:
Post by downwithdotcom1 on Nov 11, 2021 3:53pm

new debt offering??

CNE is going to pay off their $320 mill USD senior 2025 7.25% notes using a somewhat larger NEW debt offering is this correct?? does anyone now what the interest rate will be?? i see this as a good thing if the interest rate is lower and pushes out the due date. am i also correct its larger because they need to start financing activities to support the building of this proposed new pipeline? please clarify..dwdc
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Canacol Energy Ltd