Obsidian Energy Announces $175 Million Senior Unsecured Notes Offering
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Obsidian Energy Ltd. announced a $175 million private placement of five-year senior unsecured notes due December 3, 2030, with an 8.125% interest rate. Proceeds will redeem existing $80.8 million notes due 2027, reduce debt under a $235 million credit facility, and cover transaction expenses. The redemption is conditional on the new offering's successful closing, expected by December 3, 2025.
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