Peyto Exploration & Development Corp. Announces Refinancing of Senior Notes
Globenewswire·2026-01-05 22:18

Core Viewpoint - Peyto Exploration & Development Corp. has successfully issued $100 million of senior secured notes with a coupon rate of 5.03%, maturing on January 5, 2033, to refinance maturing debt [1] Group 1: Financial Details - The senior secured notes were issued through a private placement and rank equally with the company's obligations under its credit facilities and existing note purchase agreements [1] - Interest on the notes will be paid semi-annually in arrears [1] - The proceeds from the issuance were specifically used to repay $100 million of notes that matured on January 3, 2026 [1] Group 2: Regulatory Information - The senior notes have not been registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without registration or an applicable exemption [2]

Peyto Exploration & Development Corp. Announces Refinancing of Senior Notes - Reportify