• ShaMaran Petroleum priced USD 200 million of five-year senior unsecured bonds with a 10.25% annual coupon.
• The offering was significantly oversubscribed by international investors.
• Proceeds will refinance approximately USD 144 million outstanding under existing bonds maturing in 2029.
• Funding will also support Hamrin field investments in Federal Iraq and general corporate purposes.
• Settlement is expected around November 5, 2026; the existing bonds will then be called at the prevailing call price.

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. ShaMaran Petroleum Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: EN78129) on October 21, 2026, and is solely responsible for the information contained therein.