CALGARY, Alberta, April 26, 2018 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) is pleased to announce the pricing and terms of its offering of senior unsecured notes in the aggregate principal amount of U.S.$ 320 million (the “Notes”). The Notes will pay interest semi-annually at a rate of 7.25% per annum, and will mature in 2025, unless earlier redeemed or repurchased in accordance with their terms. The Notes will be fully and unconditionally guaranteed by certain subsidiaries of Canacol. The settlement and closing of the Notes offering is expected to take place on May 3, 2018, subject to customary closing conditions.
Canacol Energy Ltd. Announces Pricing of $320 Million Private Offering of 7.25% Senior Notes
by GlobeNewsWire | Apr 26, 2018 | Globe Newswire