
Energean Plc, founded in 2011 and headquartered in London, is an independent oil and gas company focused on the Eastern Mediterranean region. The firm’s primary purpose is to explore, develop, and produce oil and gas resources, with significant operations in Greece, Israel, and surrounding areas.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ENOGLN 6.50% 2027-04-30 USDEnergean Plc | United Kingdom | 2027-04-30 | 6.500 | 7.20 |
ENOGLN 6.50% 2027-04-30 USDEnergean Plc | United Kingdom | 2027-04-30 | 6.500 | 6.87 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Energean has established a robust presence in the bond market, issuing its first bonds in 2018 to support its growth initiatives. Notably, the company raised $1.35 billion through a bond issuance in 2020, facilitating its acquisition of the Karish gas field in Israel. Currently, Energean's bonds yield around 6.5%, which is competitive against industry averages, reflecting investor confidence in its strategic direction. The company continues to leverage its bond market activity to fuel ongoing projects and strengthen its financial position, notably having raised funds linked to its exploration and production activities.