Genel Energy Announces Successful Bond Buy-Back
Company Announcements

Genel Energy Announces Successful Bond Buy-Back

Genel Energy (GB:GENL) has released an update.

Genel Energy has successfully conducted a bond buy-back offer, purchasing USD 107 million worth of their senior unsecured callable bonds at 102% of their nominal value. The settlement, including accrued interest, is scheduled for 23 August 2024. The move is part of Genel’s ongoing financial strategy to manage its debt portfolio.

For further insights into GB:GENL stock, check out TipRanks’ Stock Analysis page.

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