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Zenith Energy Announces Revised Payment Schedule for 2024 Bond Notes

Story Highlights
  • Zenith Energy is an independent energy company with operations in North Africa, the US, and Europe.
  • Zenith Energy revises payment schedule for 2024 Bond Notes, settling by September 30, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Zenith Energy ( (GB:ZEN) ) has issued an update.

Zenith Energy Ltd. has announced the payment schedule for its 2024 Bond Outstanding Notes, following successful bond exchange offers earlier in the year. Due to delays from intermediary platforms, the company has revised its payment timeline, with the remaining outstanding notes and accrued interest to be settled in two installments by September 30, 2025. This update reflects Zenith’s commitment to fulfilling its financial obligations, potentially strengthening its position and credibility in the energy sector.

Spark’s Take on GB:ZEN Stock

According to Spark, TipRanks’ AI Analyst, GB:ZEN is a Neutral.

Zenith Energy’s overall stock score is driven primarily by significant financial challenges, including negative profitability and high debt levels, which weigh heavily on its stability. While technical analysis indicates some bullish momentum, and recent corporate events offer a glimpse of strategic progress, the company’s negative valuation metrics and legal issues create a cautious outlook.

To see Spark’s full report on GB:ZEN stock, click here.

More about Zenith Energy

Zenith Energy Ltd. is an independent energy company with operations in North Africa, the US, and Europe, focusing on energy production, exploration, and development. The company is listed on the London Stock Exchange, the Oslo Stock Exchange, and the OTC Pink Markets, with a strategic emphasis on developing proven revenue-generating energy assets and low-risk exploration activities.

Average Trading Volume: 783,050

Technical Sentiment Signal: Buy

Current Market Cap: £21.03M

Find detailed analytics on ZEN stock on TipRanks’ Stock Analysis page.

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