Zenith Energy Ltd Update on Bond Coupon Payments (4010N)
29 1월 2021 - 9:25PM
UK Regulatory
TIDMZEN
RNS Number : 4010N
Zenith Energy Ltd
29 January 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
January 29, 2021
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Update on Bond Coupon Payments
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE:
ZENA-ME), the listed international oil & gas production company
focused on pursuing African development opportunities, is pleased
to announce that it has recently made coupon payments, in full and
on time, in relation to the following bonds (the "Bonds") the
Company has issued:
-- Zenith Energy Ltd 8% Dec 2021 AT0000A23S79
-- ZEEX 10.000 01/27/24 MTN XS2108546818 CHF
-- ZEEX 10.125 01/27/24 MTN XS2108546735 EUR
-- ZEEX 10.300 01/27/24 MTN XS2108546651 USD
-- ZEEX 10.375 01/27/24 MTN XS2108546578 GBP
Andrea Cattaneo, Chief Executive Officer of Zenith,
commented:
"We are pleased to be further enhancing our credibility as a
debt issuer with a focus on the continental European and Asian
markets, having now consistently paid all coupons for the
aforementioned instruments since their respective issuances. This
is a demonstration of our effective cashflow management which
offers investors a fixed semi-annual return on their
investment.
The Company is carefully developing its debt financing
capabilities in order to facilitate the attraction of more
significant interest from investors as we go forward in
implementing our ambitious African development strategy."
Further Information:
Zenith Energy Ltd
Andrea Cattaneo, Chief Executive Officer Tel: +1 (587) 315 9031
-----------------------------
E-mail: info@zenithenergy.ca
-----------------------------
Allenby Capital Limited - Financial
Adviser & Broker
-----------------------------
Nick Harriss Tel: + 44 (0) 203 328
Nick Athanas 5656
-----------------------------
Notes to Editors :
Zenith Energy Ltd. is an international oil and gas production
company, listed on the London Stock Exchange (LSE:ZEN) and the
Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly seize
value-accretive hydrocarbon production opportunities in the oil
& gas sector, specifically in Africa.
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END
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