Condor Energies launches up to C$65 million convertible debenture offering
Bitget2026/09/29 23:57- Condor Energies launched up to C$65 million of 12% unsecured convertible debentures, split between a C$20 million public offering and a C$45 million private placement.
- Debentures priced at C$1,000 each, convertible at C$6.00 per common share, with a 36-month maturity.
- Interest set at 12% a year, payable quarterly in cash, with principal repayable in cash at maturity.
- Proceeds earmarked for field compression infrastructure in Uzbekistan, modular LNG facilities in Kazakhstan, working capital, general corporate purposes.
- Closing targeted for the week of Oct. 12, 2026, subject to regulatory approvals, including TSX approval for listing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs and JPMorgan suddenly brake on AI infrastructure financing: Out of $5 billion AI loans, only $1.3 billion are accepted, and even with an 11% high interest rate, they dare not take it all.
JPMorgan and Goldman Sachs have taken the rare step of limiting their exposure to a $5 billion loan sale to artificial intelligence startup Volta Infrastructure Holdings Ltd.
Starbucks (SBUX.US) officially refutes rumors: clearly denies acquiring Chipotle (CMG.US), focuses on "Back to Starbucks" transformation strategy
Starbucks publicly clarified on Monday that the company has not acquired Chipotle Mexican Grill, putting an end to the previous acquisition rumors.
BlackRock increases allocation to short-term US Treasuries and lowers US stocks: "Rate hike bets have gone too far," high yields should be prioritized
BlackRock has turned bullish on U.S. Treasury bonds for the first time in six years, upgrading short-term bonds to overweight and downgrading U.S. equities to neutral, stating that rate hike expectations are excessive and it is time to lock in yields.
Crypto prices
More
