Bullboard - Stock Discussion Forum Canacol Energy Ltd T.CNE

Alternate Symbol(s): CNNEF

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

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TSX:CNE - Post Discussion

Canacol Energy Ltd > Issue description: a seven year deal of $450m

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Post by dirkelozado on Nov 09, 2021 2:14pm

Issue description: a seven year deal of $450m

https://cbonds.com/news/1494461/

Upcoming issue: Canacol Energy

November 9, 2021 Cbonds

Issuer: Canacol Energy

Issue description: a seven year deal of $450m

Date: soon

Bookrunners and Lead Managers: Citi and Credit Suisse

Aim: to fund a tender offer for its 7.25% 2025 bond and to refinance its $30m senior secured loan. The early bird deadline is 5pm New York time on November 22 with an opportunity to sell a paper at 106.858. After that, bondholders can sell their notes at 101.585. The final expiry date is December 7.

Issue — Canacol Energy, 7.25% 3may2025, USD