ShaMaran Prices $200 Million in Five-Year Bonds at 10.25%
ShaMaran priced $200 million of senior unsecured bonds with a 10.25% coupon to refinance approximately $144 million of 2029 bonds and fund Hamrin and general purposes. Settlement is expected on or about Nov. 5, 2026, subject to conditions.
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ShaMaran Petroleum Ltd. (SNM) Prices $200M Bond at 10.25%
ShaMaran priced $200M of new five-year senior unsecured bonds at a 10.25% coupon, to refinance ~$144M of 2029 bonds and fund Hamrin and general purposes. Settlement is expected on or about Nov. 5, 2026, subject to conditions.Material DetailsContext by AI AnalystThis is a mid-cycle balance sheet mov…