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Saturn Oil & Gas prices US$ 575 million and C$ 185 million senior unsecured notes due 2031
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Saturn Oil & Gas prices US$ 575 million and C$ 185 million senior unsecured notes due 2031
  • Saturn Oil & Gas priced dual-tranche senior unsecured notes totaling US$ 575 million and C$ 185 million, both due 2031.
  • USD tranche: US$ 575 million 8.5% senior unsecured notes issued at par; CAD tranche: C$ 185 million 7.5% senior unsecured notes issued at par.
  • Proceeds earmarked to redeem US$ 504 million of 9.625% senior secured second lien notes due 2029, cutting interest costs.
  • Funds also support a southeast Saskatchewan acquisition, repay credit facility borrowings, and cover general corporate purposes.
  • Closing targeted around July 30, 2026; notes mature July 30, 2031 with semi-annual interest starting Jan. 30, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Saturn Oil & Gas Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607211733NEWSFILECNPR____20260721_306013_1) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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