Nuvista Energy Ltd., founded in Calgary, Canada, is a dynamic oil and gas exploration and production company focused on sustainable and efficient energy practices. The company primarily engages in the development of natural gas and natural gas liquids resources, emphasizing innovation and environmental stewardship in its operational strategies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NVACN 7.88% 2026-07-23 CADNuvista Energy Ltd. | Canada | 2026-07-23 | 7.875 | 7.15 |
| NVACN 7.88% 2026-07-23 CADNuvista Energy Ltd. | Canada | 2026-07-23 | 7.875 | 7.15 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nuvista Energy began issuing bonds in 2014, with significant offerings including a notable C$200 million senior unsecured note issuance in 2020, aimed at refinancing existing debt and enhancing financial flexibility. As of October 2023, the current yield on Nuvista's bonds stands competitively at around 5.5%, amid a favorable market environment for energy corporates. The company’s bond structure features a significant covenant package designed to protect bondholders, further bolstered by recent news of successful operational performances leading to increased cash flow and reduced leverage ratios.