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Vermilion Energy Inc. Announces the Closing of Its Senior Unsecured Notes Offering
Vermilion Energy Inc. Announces the Closing of Its Senior Unsecured Notes Offering Cana...
About this update from Vermilion Energy Inc.
[{"type":"text","content":"\n\n\n\n Vermilion Energy Inc. Announces the Closing of Its Senior Unsecured Notes Offering\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n CALGARY, AB\n \n\n ,\n \n\n Feb. 11, 2025\n \n\n /CNW/ - Vermilion Energy Inc. (\"Vermilion\" or the \"Company\") (TSX: VET) (NYSE: VET) announces the closing of the previously announced private offering (the \"Offering\") of\n \n US$400 million\n \n aggregate principal amount of eight-year senior unsecured notes (the \"New Notes\"). The New Notes mature on\n \n February 15, 2033\n \n and have a fixed coupon of 7.250% per annum, paid semi-annually on\n \n February 15\n \n and\n \n August 15\n \n , commencing\n \n August 15, 2025\n \n .\n \n\n\n\n\n\n\n\n\n The New Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (\"U.S. Securities Act\") or applicable state securities laws, and may not be offered or sold in\n \n the United States\n \n absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. The New Notes have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the New Notes in\n \n Canada\n \n will be made on a basis which is exempt from the prospectus requirements of such securities laws. Pursuant to the terms of the offering, the New Notes will be offered and sold only on a prospectus-exempt basis to institutional \"accredited investors\" in certain provinces in\n \n Canada\n \n and, in\n \n the United States\n \n , will be offered and sold only to \"qualified institutional buyers\" in reliance on Rule 144A under the U.S. Securities Act and to certain non-U.S. persons in transactions outside\n \n the United States\n \n in reliance on Regulation S under the U.S. Securities Act.\n \n\n This press release does not constitute an offer to sell or the solicitation of an offer to buy any security in any jurisdiction and shall not constitute an offer, solicitation or sale of any se...