tiprankstipranks
Zenith Energy Finalizes Bond Payments, Signals Growth
Company Announcements

Zenith Energy Finalizes Bond Payments, Signals Growth

Zenith Energy (GB:ZEN) has released an update.

Pick the best stocks and maximize your portfolio:

Zenith Energy Ltd. has successfully concluded its bond exchange offers, evidencing strong investor confidence and compliance as a debt issuer. The company announces the cash payment schedule for the remaining 11.76% of note holders who did not participate in the exchanges, with a 20% payment to be made on September 25, 2024, and the balance plus accrued interest on October 25, 2024. CEO Andrea Cattaneo expresses satisfaction with this resolution and anticipates significant company progress following an upcoming ICC arbitration decision.

For further insights into GB:ZEN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskZenith Energy Wins Major Arbitration Against ETAP
TipRanks European Auto-Generated NewsdeskZenith Energy Reports Half-Year Financial Performance
TipRanks UK Auto-Generated NewsdeskZenith Energy Completes Private Placement and Debt Settlement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App