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Energean closes $2.5bn bond offering

Wed, 24th Mar 2021

Gas exploration and production company Energean said it had closed its previously announced US$2.5 billion senior secured notes offering. The bulk of the proceeds are expected to be used to repay outstanding debt under Energean's and its subsidiaries' US$1.45 billion project finance facility and a US$700 million term loan, and for general corporate purposes. At 8:08am: (LON:ENOG) Energean PLC share price was 0p at 677.6p Story provided by

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