11:33 PM EDT, 10/21/2026 (MT Newswires) -- ShaMaran Petroleum (SNM.OL, SNM.ST) priced its offering of 10.25% unsecured bonds with a principal amount of $200 million and a term of five years. The Iraq-focused oil and gas company will use the proceeds to refinance $144 million of outstanding bonds due in 2029, providing it with additional capital for investments in the Hamrin project in Iraq and general corporate expenditures, according to a Wednesday release. Settlement is expected by Nov. 5, 2026.

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