Harbour Energy plc (HBR.L) announced that its subsidiary, Wintershall Dea Finance B.V., has successfully priced an offering of senior notes. The offering includes €700 million in aggregate principal amount of 3.830% senior notes due 2029 and €900 million in aggregate principal amount of 4.357% senior notes due 2032.
The proceeds from this offering will be used to repay and cancel the $1.5 billion bridge facility that was used for the acquisition of Wintershall Dea, which was completed on September 3, 2024. Additionally, the funds will be allocated for general corporate purposes.
The closing of this offering is anticipated to occur on or about October 3, 2024.
