Enquest (GB:ENQ) has released an update.
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EnQuest PLC has successfully completed the issuance of $160 million in senior notes, due in 2027, to repay existing debts and for general corporate needs. The notes, which carry an 11⅝% interest rate, are not registered under the US Securities Act and are available only to certain institutional buyers or non-US persons, subject to specific conditions and legal restrictions.
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