03:39 AM EST, 11/12/2026 (MT Newswires) -- Drax Group (DRX.L) subsidiary Drax Finco priced its offering of 1 billion euros of 5.875% senior secured notes with a term of 5.5 years. The renewable energy company said Thursday the notes will be issued at a price equal to the principal amount. Proceeds from the offering will be used primarily for debt repayment and general corporate expenditures.

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.