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TOURMALINE ANNOUNCES ISSUANCE OF SENIOR UNSECURED NOTES

Newswire.ca - Thu Mar 12, 4:00PM CDT

CALGARY, AB, March 12, 2026 /CNW/ - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that it has agreed to issue $250 million aggregate principal amount of senior unsecured notes due March 16, 2031 (the "Notes").  The Notes will be issued at par for aggregate gross proceeds of $250 million and will bear interest at a fixed rate of 3.934% per annum, payable semi-annually on the 16th day of March and September of each year, commencing on September 16, 2026. 

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