
Strathcona Resources Ltd, founded in 2013 and based in Calgary, Alberta, is an independent energy company focused on the exploration, development, and production of oil and natural gas in Western Canada. The company specializes in a diverse portfolio of assets that includes both conventional and unconventional resources, ensuring a balanced approach to energy production.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
STRCNA 6.88% 2026-08-01 USDStrathcona Resources Ltd | United States | 2026-08-01 | 6.875 | 6.73 |
STRCNA 6.88% 2026-08-01 USDStrathcona Resources Ltd | United States | 2026-08-01 | 6.875 | 6.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
As part of its financing strategy, Strathcona has actively engaged in bond issuances since its inception, with significant milestones including its inaugural bond offering in 2017, which raised $300 million to support growth initiatives. The company has since issued multiple tranches, with recent offerings yielding competitive rates compared to industry averages, reflecting strong demand among investors. In 2022, Strathcona issued a notable $400 million bond, featuring a green energy component to align with sustainable practices, positioning them as a forward-thinking player in the resource sector.