Obsidian Energy Completes Partial Redemption of $30 Million of Our Outstanding Senior Unsecured Notes
Obsidian Energy (NYSE:OBE) has successfully completed a $30 million partial redemption of its 11.95% Senior Unsecured Notes due July 27, 2027. The redemption, executed on August 29, 2025, was conducted on a pro rata basis following the notice issued on August 18, 2025.
Following this transaction, the company's outstanding Notes balance stands at $80.8 million. The maximum semi-annual free cash flow offer required under the trust indenture has been adjusted to $17.0 million. The redemption process is being handled through Computershare Trust Company of Canada.
Obsidian Energy (NYSE:OBE) ha completato con successo un rimborso parziale di 30 milioni di dollari dei suoi Senior Unsecured Notes all’11,95% con scadenza il 27 luglio 2027. Il rimborso, eseguito il 29 agosto 2025, è avvenuto su base proporzionale a seguito dell’avviso emesso il 18 agosto 2025.
Dopo questa operazione, il saldo residuo dei Notes dell’azienda è di 80,8 milioni di dollari. L’importo massimo del free cash flow semestrale previsto dall’atto di trust è stato adeguato a 17,0 milioni di dollari. La procedura di rimborso è gestita da Computershare Trust Company of Canada.
Obsidian Energy (NYSE:OBE) ha completado con éxito un reembolso parcial de 30 millones de dólares de sus Senior Unsecured Notes al 11,95% con vencimiento el 27 de julio de 2027. El reembolso, realizado el 29 de agosto de 2025, se efectuó de forma prorrata tras el aviso emitido el 18 de agosto de 2025.
Tras esta operación, el saldo pendiente de los Notes de la compañía asciende a 80,8 millones de dólares. La oferta máxima de flujo de caja libre semestral exigida por el fideicomiso se ha ajustado a 17,0 millones de dólares. El proceso de reembolso está siendo gestionado por Computershare Trust Company of Canada.
Obsidian Energy (NYSE:OBE)는 2027년 7월 27일 만기인 11.95% 선순위 무담보채권 중 일부를 미화 3,000만 달러 규모로 성공적으로 상환했습니다. 이번 상환은 2025년 8월 29일에 이뤄졌으며, 2025년 8월 18일에 발행된 통지에 따라 비례 배분 방식으로 진행되었습니다.
이번 거래 후 회사의 미상환 채권 잔액은 8,080만 달러입니다. 신탁계약서에 따른 최대 반기별 잉여현금흐름 금액은 1,700만 달러로 조정되었습니다. 상환 절차는 Computershare Trust Company of Canada가 처리하고 있습니다.
Obsidian Energy (NYSE:OBE) a terminé avec succès un rachat partiel de 30 millions de dollars de ses Senior Unsecured Notes à 11,95 % arrivant à échéance le 27 juillet 2027. Le rachat, réalisé le 29 août 2025, a été effectué au prorata après l’avis publié le 18 août 2025.
Après cette opération, le solde des Notes en circulation de la société s’élève à 80,8 millions de dollars. Le montant maximal de flux de trésorerie disponible semestriel requis par l’acte de fiducie a été ajusté à 17,0 millions de dollars. Le processus de rachat est géré par Computershare Trust Company of Canada.
Obsidian Energy (NYSE:OBE) hat erfolgreich eine teilweise Rückzahlung in Höhe von 30 Millionen US-Dollar seiner 11,95% Senior Unsecured Notes mit Fälligkeit am 27. Juli 2027 abgeschlossen. Die Rückzahlung erfolgte am 29. August 2025 und wurde nach dem am 18. August 2025 ausgestellten Hinweis anteilig durchgeführt.
Nach dieser Transaktion beläuft sich der ausstehende Notenbestand des Unternehmens auf 80,8 Millionen US-Dollar. Der im Treuhandvertrag festgelegte maximale halbjährliche Free-Cashflow-Betrag wurde auf 17,0 Millionen US-Dollar angepasst. Die Abwicklung der Rückzahlung erfolgt über Computershare Trust Company of Canada.
- Reduction of $30 million in high-interest (11.95%) debt obligations
- Demonstrates strong cash position enabling debt reduction
- Lowers future interest expense burden
- $80.8 million in high-interest Notes still remain outstanding
Calgary, Alberta--(Newsfile Corp. - September 2, 2025) - OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced that we completed the previously announced redemption of
Payment of the redemption price and surrender of the Notes for redemption are being made through Computershare Trust Company of Canada. The Company now has
About Obsidian Energy
Obsidian Energy is an intermediate-sized oil and gas producer with a well-balanced portfolio of high-quality assets, primarily in the Peace River, Willesden Green and Viking areas in Alberta. The Company's business is to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin.
Obsidian Energy shares are listed on both the Toronto Stock Exchange in Canada and the NYSE American exchange in the United States under the symbol "OBE".
All figures are in Canadian dollars unless otherwise stated.
CONTACT
OBSIDIAN ENERGY
Suite 200, 207 - 9th Avenue SW, Calgary, Alberta T2P 1K3
Phone: 403-777-2500
Toll Free: 1-866-693-2707
Website: www.obsidianenergy.com
Investor Relations:
Toll Free: 1-888-770-2633
Email: investor.relations@obsidianenergy.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264305
FAQ
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