Obsidian Energy extends senior notes a year, ups interest rate by 2.1%

By Taylor Fox

New York, March 26 – Obsidian Energy Ltd. extended the maturity date of its senior notes to Nov. 30, 2022 and increased the interest rate by 2.1% for an average interest rate of 7.3%, according to a 6-K filing with the Securities and Exchange Commission.

The previous expiration date was Nov. 30, 2021.

Obsidian Energy is a Calgary, Alta.-based oil and natural gas production company.

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