CALGARY, AB, Jan. 28, 2025 /CNW/ - Bonterra Energy Corp. (TSX:BNE.TO) ("Bonterra" or the "Company") is pleased to announce the closing of its previously announced private placement offering (the "Offering") of $135 million aggregate principal amount of Senior Secured Second Lien Notes due 2030 (the "Notes"). The Notes were priced at $981.16 per $1,000 of principal amount of Notes, will accrue interest at the rate of 10.50% per annum and will have a five year term, maturing on January 28, 2030. The Notes carry a Morningstar DBRS rating of B with a stable trend.
Read more at newswire.caThis article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
