
Lasmo (USA) Inc., founded in the late 1980s and headquartered in Houston, Texas, is a subsidiary of the UK-based Lasmo PLC, focused on the exploration and production of oil and gas. The company primarily engages in the development and management of energy resources, contributing to both domestic and international markets.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ENIIM 7.30% 2027-11-15 USDLasmo (USA) Inc. | United States | 2027-11-15 | 7.300 | 4.14 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lasmo (USA) Inc. commenced its bond issuance activities in the early 1990s, establishing a reputation for reliability among investors. Notably, the company issued a $500 million bond in 2005 to fund its expansion initiatives, which offered competitive yields compared to industry peers during that period. Currently, Lasmo's bonds exhibit a yield of approximately 4.5%, aligning well with industry averages. Recent news highlighted the successful completion of a bond refinancing in 2022, demonstrating the company's robust financial strategy and commitment to maintaining liquidity amid fluctuating market conditions.