
Canacol Energy Ltd, founded in 1997 and headquartered in Calgary, Alberta, is an independent natural gas exploration and production company focused on developing conventional natural gas reserves in Colombia. The company primarily produces and sells natural gas, catering to the growing energy needs of domestic and international markets.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CNECN 5.75% 2028-11-24 USDCanacol Energy Ltd | Canada | 2028-11-24 | 5.750 | 40.16 |
CNECN 5.75% 2028-11-24 USDCanacol Energy Ltd | Canada | 2028-11-24 | 5.750 | 40.03 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Canacol Energy has actively participated in the bond market since 2015, issuing several significant bond offerings to finance its operations and development projects. Notable issuances include the 2021 $150 million bond, which offered a yield of approximately 8%—above the industry average—reflecting the company's solid credit quality amidst regional challenges. In 2022, they introduced a unique green bond framework, emphasizing sustainable energy investments, which has garnered attention from socially responsible investors and showcased their commitment to environmental initiatives.