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Genel Energy Plans New Bond Issue to Refinance Existing Debt

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Genel Energy Plans New Bond Issue to Refinance Existing Debt

Genel Energy ( (GB:GENL) ) has issued an announcement.

Genel Energy has announced plans to hold fixed income investor meetings with the help of Pareto Securities AS as Manager and Bookrunner. The company aims to issue a new senior unsecured bond with a five-year tenor, subject to market conditions, to refinance existing bonds maturing in October 2025 and for general corporate purposes.

More about Genel Energy

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange.

YTD Price Performance: -5.57%

Average Trading Volume: 3,311

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $217.9M

See more data about GENL stock on TipRanks’ Stock Analysis page.

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