#Canada #Senior Notes #Investment #Calgary #Vermilion Energy

Vermilion Energy Inc. Completes Unsecured Notes Offering

On February 11, 2025, Vermilion Energy Inc., celebrated a significant milestone by announcing the closure of its private offering of senior unsecured notes, which totals an impressive $400 million. This strategic financial move involves the issuance of notes bearing a maturity of eight years, set to reach the end zone on February 15, 2033. The notes will provide investors a fixed coupon rate of 7.250% per annum, with interest payments scheduled to occur biannually on the 15th of February and August, starting from August 15, 2025.

The company made it clear that these newly issued notes are not registered with the U.S. Securities Act of 1933, nor do they conform to state securities regulations. Thus, they cannot be marketed or sold in the United States without proper registration or an exemption that waives these requirements. Similarly, as per Canadian securities regulations, the notes will only be available under exemption rules, limiting their accessibility to institutional 'accredited investors' in certain provinces within Canada. In the United States, the senior notes will be offered exclusively to 'qualified institutional buyers' in accordance with Rule 144A of the U.S. Securities Act, as well as to specific non-U.S. individuals in transactions occurring internationally under Regulation S.

This move forms a crucial part of Vermilion’s strategy aimed at maximizing value through various financial instruments while adhering to the regulatory frameworks in place. The company explicitly stated that this announcement does not act as an invitation to buy or sell these securities in any legal jurisdiction where such transactions would be considered illegal.

About Vermilion Energy

Vermilion Energy Inc. is not just another energy company; it is recognized as an international player in the energy sector dedicated to the exploration, acquisition, and development of energy assets in various regions such as North America, Europe, and Australia. With its notable business philosophy centered around generating free cash flow, the company ensures capital returns to its investors whenever the conditions are right, supplemented by strategically timed acquisitions aimed at enhancing its asset portfolio.

The focus of Vermilion Energy is not just confined to financial metrics, as the company prioritizes health and safety protocols, environmental sustainability, and profitability. The welfare of both the communities it operates in and the environment is paramount for Vermilion, reinforcing its commitment to corporate responsibility. Strategic investments in local communities are also a hallmark of its operational strategy, building strong ties and fostering positive relationships in the areas it serves.

Vermilion trades publicly on both the Toronto Stock Exchange and the New York Stock Exchange, identified by its symbol, VET. This dual listing underscores the company’s robust market presence and strategic appeal to a broad base of investors looking to engage with a reputable energy producer.

As Vermilion Energy moves onward with its financial strategies, the closing of this unsecured notes offering marks akey step forward in facilitating its growth endeavors while continuing to uphold its core values surrounding community, environmental stewardship, and economic viability.