Zenith Energy (GB:ZEN) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Zenith Energy Ltd. has successfully completed its final Bond Exchange Offer, following a well-participated initial offer, allowing Noteholders to swap matured notes for new ones with higher interest rates and a 2026 maturity date. The exchange attracted an average acceptance rate of 88.24% across various currencies, while the remaining non-participating Noteholders will be settled in cash shortly. The company’s CEO expressed satisfaction with the exchange results and is focused on quickly settling the outstanding notes to comply with the company’s fixed-income debt obligations.
For further insights into GB:ZEN stock, check out TipRanks’ Stock Analysis page.
