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Contact Energy Limited ( (COENF) ) just unveiled an update.
Contact Energy Limited has been granted waivers from certain ASX Listing Rules in relation to its upcoming issuance of EUR500,000,000 notes due in November 2025. These waivers allow the company to settle and clear the notes through Euroclear and Clearstream systems instead of CHESS, facilitating efficient handling of wholesale debt securities. This strategic move is expected to streamline operations and align with common practices for such securities, potentially enhancing Contact Energy’s market positioning and operational efficiency.
More about Contact Energy Limited
Contact Energy Limited operates in the energy sector, focusing on providing electricity, natural gas, and other energy-related services primarily in New Zealand. The company is a significant player in the market, known for its commitment to sustainable energy solutions and innovation in energy supply and management.
See more data about COENF stock on TipRanks’ Stock Analysis page.