The latest announcement is out from Energean ( (GB:ENOG) ).
Energean plc has announced the signing of a $750 million, 10-year senior-secured term loan with Bank Leumi, aimed at refinancing its 2026 notes and providing liquidity for the Katlan development. This move is expected to enhance Energean’s financial resilience and optimize financing costs, reflecting confidence in its long-term cash flow generation and gas contracting strategy in Israel.
More about Energean
Energean plc is a company operating in the energy sector, focusing primarily on the exploration and production of natural gas. The company is known for its strategic focus on the Eastern Mediterranean region, particularly in Israel, where it has significant operations.
YTD Price Performance: -2.68%
Average Trading Volume: 321,822
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.86B
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