Baytex Energy Corp. Announces Plan to Repay US$800 Million Senior Notes and Outstanding Credit Facilities

Reuters
2025.11.24 16:19
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Baytex Energy Corp. plans to repay its US$800 million senior notes due 2030 and outstanding credit facilities to strengthen its financial position. The senior notes have an 8.50% interest rate. This follows a recent transaction, and the company aims to be in a net cash position.

Baytex Energy Corp. has announced its intention to repay its outstanding credit facilities as well as its US$800 million aggregate principal amount of senior unsecured notes due April 30, 2030, which bear interest at a rate of 8.50% per annum, following the completion of a recent transaction. The company expects to be in a net cash position and aims to strengthen its financial standing by addressing these debt obligations. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baytex Energy Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001279495-25-000045), on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here