Paratus Energy to redeem USD 158.22 million of debt due 2029 at make-whole price

PUBT · 1d ago
Paratus Energy to redeem USD 158.22 million of debt due 2029 at make-whole price
  • Paratus Energy Services will use USD 158.22 million of Fontis sale proceeds to partially redeem its senior secured bonds due 2029.
  • Redemption set for about Sept. 16, 2026 at the make-whole amount, implying a make-whole premium of USD 8.71 million.
  • Payment will be made pro rata to bondholders.
  • Bond nominal value will be amended to USD 1 from USD 100,000 in connection with the redemption.
  • Outstanding principal on the 2029 Bonds expected to be about USD 353.5 million following the partial redemption.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paratus Energy Services Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 20260901:BIT:4626:0) on September 01, 2026, and is solely responsible for the information contained therein.