Vine Energy Announces Proposed Offering of $950M

Source: www.gulfoilandgas.com 3/29/2021, Location: North America

Vine Energy Inc. announced that its subsidiary, Vine Energy Holdings LLC (“Vine Holdings”), intends to offer $950 million in aggregate principal amount of senior unsecured notes due 2029 (the “New Notes”) in a private placement to eligible purchasers, subject to market conditions.

Vine Holdings intends to use the net proceeds from the offering, along with cash on hand, to (i) fund the redemption (the “Redemption”) of all of the outstanding 8.75% Senior Notes due 2023 and 9.75% Senior Notes due 2023 issued by Vine Holdings and (ii) pay any premiums, fees and expenses related to the Redemption, including accrued and unpaid interest, and the issuance of the New Notes.


Nigeria >>  6/22/2021 - ADM Energy PLC, a natural resources investing company, provides an update on its loan facilities agreement announced on 25 August 2020.

I...

United States >>  6/22/2021 - Eco Wave Power Global AB (publ) (“EWPG”) has filed a preliminary prospectus with the U.S. Securities and Exchange Commission (the “SEC”) and will comm...

Canada >>  6/21/2021 - Frontera Energy Corporation completed its offering of U.S.$400 million in senior unsecured notes due 2028 at a coupon rate of 7.875% (the "Notes") pur...
Greece >>  6/21/2021 - Star Bulk Carriers Corp. announced the commencement of a secondary public offering of 2,382,775 of the Company’s common shares by funds affiliated wit...

Monaco >>  6/21/2021 - Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that the Company has entered into a credit facility...
Russia >>  6/21/2021 - Zoltav, (ZOL), the Russia-focused oil and gas exploration and production company, announced on 14 July 2020 that it had entered into a loan agreement ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.