Tenaz Energy Corp (TSE:TNZ) has released an update.
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Tenaz Energy Corp. successfully closed a $140 million offering of Senior Unsecured Notes, enhancing its financial flexibility for international mergers and acquisitions and finalizing its acquisition of NAM Offshore B.V. The funding shift from a term loan to notes signifies a strategic move to bolster the company’s growth and development projects in Canada and the Netherlands.
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