VANCOUVER, BC, Jan. 27, 2025 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North: SNM) announces that it will repay a portion of the 12% senior unsecured bond (ISIN NO0011057622) (the "Bond") on January 30, 2025. The Company expects to repay approximately $26.8 million (13% of the current total outstanding amount) at par pro rata to all bondholders utilizing the cash sweep mechanism under the amended and restated Bond terms dated June 27, 2024. The total outstanding amount of the Bond following the partial repayment will be approximately $173.1 million. PDF Version
Read more at newswire.caShaMaran Reports Partial Bond Repayment
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