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Frontera To Offer New Senior Notes
Frontera To Offer New Senior Notes Canada NewsWire /NOT FOR DISSEMINA...
About this update from Frontera Energy Corporation
[{"type":"text","content":"\n \n \n \n Frontera To Offer New Senior Notes\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION TO U.S. WIRE SERVICES OR\n \n \n FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n TORONTO\n \n ,\n \n June 7, 2021\n \n /CNW/ - Frontera Energy Corporation (TSX: FEC) (\"\n \n Frontera\n \n \" or the \"\n \n Company\n \n \") today announced that it intends to commence an offering of unsecured senior notes due 2028 (the \"2028 Notes\") pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the \"Act\"). The proceeds from the offering will be used to (i) repurchase, at a premium, the Company's U.S.\n \n $350 million\n \n 9.7% senior secured notes due 2023 pursuant to a tender offer, redemption and/or satisfaction and discharge, and (ii) for general corporate purposes. There can be no assurance that the issuance and sale of the 2023 Notes will be consummated.\n \n \n This press release is being issued pursuant to and in accordance with Rule 135c under the Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the 2028 Notes. The 2028 Notes have not been registered under the Act and may not be offered or sold in\n \n the United States\n \n absent registration or an applicable exemption from registration requirements.\n \n \n \n About Frontera\n \n \n \n Frontera Energy Corporation is a Canadian public Company involved in the exploration, development, production, transportation, storage and sale of oil and natural gas in\n \n South America\n \n , including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 39 exploration and production blocks in\n \n Colombia\n \n ,\n \n Ecuador\n \n and\n \n Guyana\n \n , and pipeline and port facilities in\n \n Colombia\n \n . Frontera is committed to conducting business safely and in a socially, environmentally and ethically responsible manner. Frontera's common shar...