Finance - Debt

Investors Flock To Pemex's US$5.5 Billion Bond

Investors flocked to a new US$5.5 billion bond from Pemex on Dec. 5, the first dollar deal from a Latin American borrower since November 10.


VelocityShares Long Crude ETN Will Be Largest Note Delisted From US Exchanges

Those who do not sell UWTI during the week of Dec. 5 could be forced to hold the notes for years since they do not officially expire until February 2032, Reuters reported.


Cheniere Corpus Christi Will Offer $1 Billion Of Senior Notes

CCH will use the net proceeds to prepay a portion of the principal amounts currently outstanding under its credit facilities. 


Rowan Offers $400 Million Of Senior Notes

BofA Merrill Lynch and Barclays Capital Inc. will be joint book-running managers for the senior notes offering.


Nabors Industries Inc. Offers Senior Notes

Nabors Industries Inc. (NII) opened an offering of senior unsecured notes due 2023 that will be guaranteed by parent Nabors Industries Ltd., according to a Dec. 2 press release.


Oil, Gas Loan Losses Shrink Profit Of Canadian Western Bank

"Challenges included the negative impact of low oil prices and regulatory factors on our small portfolio of loans to oil and gas producers," CEO Chris Fowler said, according to Reuters.


Paramount Resources Will Redeem Senior Unsecured Notes Due 2019

Paramount Resources Ltd. will redeem about $286.58 million of outstanding 7.625% senior unsecured notes due 2019 on Dec. 19 of this year, the company said Nov. 17.


HollyFrontier Prices $750 Million Of Additional Senior Notes

These are being offered as additional notes to the outstanding 5.875% senior notes due 2026, $250 million of which were publicly offered in March. 


Weatherford Opens Private Offering Of $500 Million Senior Notes

In order to repay outstanding amounts under Weatherford Bermuda’s revolving credit facility, Weatherford International Plc opened a private offering of $500 million senior notes due 2024.


Approach's Borrowing Base Unanimously Reaffirmed At $325 Million

The reaffirmed borrowing base, along with its recently-announced debt exchange, will position the company to resume production growth while continuing to operate within cash flow, Approach CFO Sergei Krylov says.


Approach Resources Will Reduce Debt Through Exchange Transactions

J. Ross Craft, chairman and CEO of Approach Resources, said the company could save $16.1 million in annual interest payments and up to $70 million in interest payments over the life of the senior notes.


EV Energy Partners Reaffirms $450 Million Borrowing Base

A total of $281 million of borrowings is currently outstanding under the facility, leaving $169 million of available capacity.