Today, Thursday 18 January 2024, Seacrest Petroleo announced the successful completion of its inaugural bond issue in the Nordic bond market, with the issuance of a USD 80 million three-year senior unsecured bond. This is the 4th capital transaction that ABG Sundal Collier has successfully completed for the company since 2022.
The net proceeds from the bond issue will be employed to optimise the capital structure, support general corporate purposes and facilitate a high activity level in 2024; increasing production through drilling, workovers and other field development optimisations at the Norte Capixaba and Cricaré field clusters.
