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News 2026-10-21 19:31 UTC

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.