Gibson Energy (TSE:GEI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gibson Energy has successfully closed a $350 million note offering with a 4.45% interest rate, set to mature in 2031. The funds from this offering, along with cash reserves, were used to redeem existing 5.80% notes due in 2026. This strategic financial move reflects Gibson’s efforts to optimize their debt structure.
For further insights into TSE:GEI stock, check out TipRanks’ Stock Analysis page.
