4th Oct 2021 18:02
Harbour Energy PLC - North Sea-focused oil and gas company - Launches offering of USD500 million five year senior notes. The offering of the notes, the interest rate and the offering price will be determined at the time of pricing of the notes, it says.
Harbour Energy intends to use the gross proceeds to repay in full and cancel its Shell junior facility, partially repay drawings under its senior secured reserves-based lending facility and for transaction fees and expenses.
Current stock price: 374.20 pence, up 5.4% on Monday
Year-to-date change: down 4.7%
By Arvind Bhunjun; [email protected]
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