MEG Energy Corp, founded in 1999 and headquartered in Calgary, Alberta, is an oil sands exploration and production company with a focus on sustainable development. The company specializes in extracting bitumen from the oil sands, utilizing advanced technologies to improve efficiency and reduce environmental impact.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MEGCN 5.88% 2029-02-01 USDMEG Energy Corp | Canada | 2029-02-01 | 5.875 | 5.72 |
| MEGCN 5.88% 2029-02-01 USDMEG Energy Corp | Canada | 2029-02-01 | 5.875 | 5.75 |
| MEGCN 7.13% 2027-02-01 USDMEG Energy Corp | Canada | 2027-02-01 | 7.125 | 50.31 |
| MEGCN 7.13% 2027-02-01 USDMEG Energy Corp | Canada | 2027-02-01 | 7.125 | 50.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, MEG Energy has actively participated in the bond market, launching its first bond issuances in 2010 to support growth initiatives and capital expenditures. Notably, in 2021, MEG issued $500 million in senior unsecured notes, which were met with strong demand, reflecting investor confidence in its operational resilience. Current yields on MEG's bonds are competitive within the energy sector, benefiting from the company's strategic focus on fiscal discipline and operational cash flow generation.