GEO Energy offers steep discount to retire bonds, Companies & Markets

GEO Energy offers steep discount to retire bonds, Companies & Markets

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Fri, May 22, 2020 – 5:50 AM

Singapore

GEO Energy Resources’ wholly-owned subsidiary Geo Coal International (GCI) is offering to repurchase by tender the outstanding US$154 million in aggregate principal amount of its 8 per cent senior notes due in 2022 at a price that is less than half of the par value.

At…