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Vermilion Energy ( (TSE:VET) ) just unveiled an update.
Vermilion Energy Inc. has announced the pricing of its private offering of US$400 million in senior unsecured notes with a fixed coupon of 7.250% per annum, maturing in 2033. The proceeds from this offering will be used to manage existing debts, fund the acquisition of Westbrick Energy Ltd., and cover associated transaction fees, positioning Vermilion to strengthen its financial structure and expand its market presence.
More about Vermilion Energy
Vermilion Energy Inc. is a company operating in the energy sector, primarily focusing on oil and gas production. It is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) with the ticker VET.
YTD Price Performance: -2.34%
Average Trading Volume: 1,163,981
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.51B
Learn more about VET stock on TipRanks’ Stock Analysis page.