Vermilion Energy Inc. Announces the Pricing of Its Unsecured Notes Offering

Core Viewpoint - Vermilion Energy Inc. announced a private offering of up to US$400 million in eight-year senior unsecured notes with a fixed coupon of 7.250$400 million [1]. - The offering is expected to close on or about February 11, 2025, subject to customary closing conditions [1]. - The net proceeds from the New Notes will be used for various purposes, including redeeming existing senior notes, funding the acquisition of Westbrick Energy Ltd., and covering transaction fees [1]. Group 2: Regulatory Information - The New Notes have not been registered under the U.S. Securities Act and will only be offered to institutional accredited investors in Canada and qualified institutional buyers in the U.S. [2]. - The offering will be made on a prospectus-exempt basis, adhering to applicable securities laws [2]. Group 3: Company Overview - Vermilion is an international energy producer focused on creating value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia [8]. - The company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, alongside value-adding acquisitions [8]. - Vermilion prioritizes health and safety, environmental protection, and profitability in its operations [9].