Business
Announcement of Fixed Income Investor Meetings
HOUSTON, March 30, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) has mandated Arctic Securities AS and DNB Markets, a part of DNB Bank ASA, as joint bookrunners to arrange a series of fixed income investor meetings commencing March 31, 2025. A new USD-denominated, 5-year senior unsecured bond issue (the “Bonds”) may follow, subject to market conditions, among other factors (the “Contemplated Bond Offering”). The net proceeds from the Contem
About this update from Amplify Energy Corp.
[{"type":"image","alt":"Amplify Energy Corp.","displaySize":"","headline":null,"caption":"Amplify Energy Corp.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":114,"url":"https://media.zenfs.com/en/globenewswire.com/94a42808026075b584c6fa2fdfbc028e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/m0idH.DIXSf4aqS2BFDGRA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE2MDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/94a42808026075b584c6fa2fdfbc028e","width":300,"height":114}},"lazy":false},{"type":"text","content":"HOUSTON, March 30, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) has mandated Arctic Securities AS and DNB Markets, a part of DNB Bank ASA, as joint bookrunners to arrange a series of fixed income investor meetings commencing March 31, 2025. A new USD-denominated, 5-year senior unsecured bond issue (the “Bonds”) may follow, subject to market conditions, among other factors (the “Contemplated Bond Offering”).","length":467,"tagName":"p"},{"type":"text","content":"The net proceeds from the Contemplated Bond Offering is expected to be applied towards partial repayment of the Company’s reserve-based lending facility and general corporate purposes.","length":184,"tagName":"p"},{"type":"text","content":"The Bonds, if issued, will be offered and sold in the United States or its territories only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Bonds, if issued, will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release is for informational purposes only and shall not constitute or form a part of any offer to sell or the solicitation of an offer to buy any securities of Amplify, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful, and is being issued in the United States pursuant to and in accordance with Rule 135c under the Securities Act.","length":906,"tagName":"p"},{"type":"text","content":"About Amplify Energy","length":20,"tagName":"p"},{"type":"text","content":"Amplify Energy Corp. is an independent...