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Harbour Energy ( (GB:HBR) ) just unveiled an announcement.
Harbour Energy has announced the pricing of a $900 million offering of 6.327% senior notes due 2035. The proceeds from this offering will be used to finance the purchase of its outstanding 5.5% Senior Notes due 2026, repay existing debt, and cover general corporate purposes and related costs. This strategic financial move is expected to enhance Harbour’s financial flexibility and support its ongoing operations.
More about Harbour Energy
Harbour Energy is a company operating in the energy sector, focusing on the production and exploration of oil and gas resources. The company is engaged in activities that support its market presence and growth within the energy industry.
YTD Price Performance: -23.47%
Average Trading Volume: 2,846,644
Technical Sentiment Signal: Strong Buy
Current Market Cap: £3.29B
Learn more about HBR stock on TipRanks’ Stock Analysis page.