on Genel Energy (isin : JE00B55Q3P39)
Genel Energy Plans Investor Meetings for Potential Bond Issue
Genel Energy PLC has announced plans to engage Pareto Securities AS to organize fixed income investor meetings. These meetings may result in a new senior unsecured bond issue, subject to market conditions and terms. The proposed bond would have a five-year tenor. This initiative aims to refinance the company's outstanding senior unsecured bonds maturing in October 2025 and to cover general corporate purposes. This move reflects Genel Energy's strategy to manage its financial obligations and ensure operational stability. The announcement does not constitute an offer to sell securities but provides key information for potential investors considering their options.
R. P.
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