Zenith Energy (GB:ZEN) 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
Zenith Energy Ltd. has successfully concluded its bond exchange offers, evidencing strong investor confidence and compliance as a debt issuer. The company announces the cash payment schedule for the remaining 11.76% of note holders who did not participate in the exchanges, with a 20% payment to be made on September 25, 2024, and the balance plus accrued interest on October 25, 2024. CEO Andrea Cattaneo expresses satisfaction with this resolution and anticipates significant company progress following an upcoming ICC arbitration decision.
For further insights into GB:ZEN stock, check out TipRanks’ Stock Analysis page.