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Parex Resources Announces Private Offering of US$500 Million Senior Notes
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it has agreed to issue US$500 million aggregate principal amount of senior unsecured notes due 2031 (the “Notes”) in a private placement offering (the “Offering”). The Notes were priced at par and will bear interest at a rate of 8.50% per annum and mature on May 11, 2031. The closing of the Offering is subject to customary closing conditions and is expected to
About this update from Frontera Energy Corporation
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