Baytex Energy Corp, founded in 1993 and headquartered in Calgary, Canada, is a publicly traded oil and gas company focused on the acquisition, development, and production of oil and natural gas reserves. The company primarily operates in the Western Canadian Sedimentary Basin, offering a diverse portfolio of energy products that include heavy oil, light oil, and natural gas.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BTECN 7.38% 2032-03-15 USDBaytex Energy Corp | Canada | 2032-03-15 | 7.375 | 7.68 |
| BTECN 7.38% 2032-03-15 USDBaytex Energy Corp | Canada | 2032-03-15 | 7.375 | 7.77 |
| BTECN 8.50% 2030-04-30 USDBaytex Energy Corp | Canada | 2030-04-30 | 8.500 | 7.83 |
| BTECN 8.50% 2030-04-30 USDBaytex Energy Corp | Canada | 2030-04-30 | 8.500 | 7.80 |
| BTECN 8.75% 2027-04-01 USDBaytex Energy Corp | Canada | 2027-04-01 | 8.750 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Baytex Energy has been active in the bond market since 2012, with notable issuances including a C$300 million bond in 2014, which helped finance acquisitions and optimize its capital structure. Recent reports indicate that their bonds have a current yield of around 6%, which is competitive within the industry. In 2021, Baytex issued US$650 million in senior unsecured notes, showcasing its strong market position and ability to capitalize on favorable borrowing conditions. These bonds carry no special features, but their issuance has positioned Baytex to effectively support its operational and strategic objectives.