2 min of reading

0 comments

3R Petroleum (RRRP3) Announces $500 Million Debt Issuance.

Written by Paulo Nogueira

Published on 22/01/2024 at 09:47

Oil and Gas

A 3R Petroleum (RRRP3) anunciou que sua subsidiária em Luxemburgo iniciou os trabalhos para uma emissão de até US$ 500 milhões em dívida. A informação foi – Todos os direitos: MoneyTimes

Be the first to react!

3R Petroleum’s Subsidiary in Luxembourg Initiated an Issuance of Up to US$ 500 Million in Debt, Offering Surety Guarantees for Institutional Investors and Non-American Citizens.

3R Petroleum (RRRP3) announced that its subsidiary in Luxembourg has begun work on an issuance of up to US$ 500 million in debt. The information was disclosed this Monday (22) in a market announcement. The issuance aims to raise funds to be used for refinancing the current debt held by 3R, which was contracted as part of financing for the acquisition of the Potiguar Polo. According to the company, the Notes will feature surety guarantees — a type of personal guarantee — provided by the company and certain subsidiaries, in addition to real guarantees to be established on certain receivables, shares, and rights arising from concessions of certain subsidiaries of the company. The securities will be offered exclusively in the international market, to qualified institutional investors, according to U.S. capital markets law and subsequent amendments, and to non-American citizens in international transactions outside the United States (https://en.clickpetroleoegas.com.br/seatrium-garante-refinanciamento-de-mais-de-us-303-milhoes-apos-entrega-do-fpso-para-a-modec/).

3R Petroleum (RRRP3) Announces Refinancing of Subsidiary Debt

3R Petroleum (RRRP3) announced today that it has successfully completed the refinancing of its subsidiary’s debt, ensuring the continuity of operations and strengthening the company’s financial position. The operation, which involved the support of institutional investors, resulted in the issuance of surety guarantees that enabled the debt restructuring, providing greater security to creditors and allowing the continuation of ongoing projects.

This refinancing represents an important milestone for 3R Petroleum, which has been actively seeking financial solutions to optimize its capital structure and reduce costs. The operation also allowed for the diversification of the investor base, attracting non-American citizens interested in the company’s growth opportunities.

ARTICLE CONTINUES BELOW

3R Petroleum (RRRP3) Announces $500 Million Debt Issuance.

3R Petroleum’s Subsidiary in Luxembourg Initiated an Issuance of Up to US$ 500 Million in Debt, Offering Surety Guarantees for Institutional Investors and Non-American Citizens.

3R Petroleum (RRRP3) Announces Refinancing of Subsidiary Debt

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

In the driest desert on Earth, scientists find a living “oasis” 2 meters deep, where microbes survive in the dark, extracting moisture from minerals, as if it were a clue to finding life on Mars.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

China can help protect the Amazon by increasing the purchase of sustainable meat and pressuring the market against deforestation.

Iraq announces discovery of 8.8 billion barrels on the Saudi border, and China takes control of the new fields as the US completes its military withdrawal.

Russia is building the world’s most powerful nuclear icebreaker with 150 MW and 2 reactors while the US has not delivered a new heavy one since 1999.

3R Petroleum (RRRP3) Announces $500 Million Debt Issuance.

3R Petroleum’s Subsidiary in Luxembourg Initiated an Issuance of Up to US$ 500 Million in Debt, Offering Surety Guarantees for Institutional Investors and Non-American Citizens.

3R Petroleum (RRRP3) Announces Refinancing of Subsidiary Debt

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Belgium will sink 23 giant concrete caissons, each weighing 22,000 tons, in the North Sea to build the world’s first artificial energy island 45 km off the coast, forming offshore electrical walls.

Global oil market loses 1 billion barrels and energy tension increases risk of new global crisis, warns Aramco

A 45 km² oil slick appears in satellite images near Kharg Island, an area that accounts for 90% of Iran’s oil exports.

While Petrobras operates at 7,000 meters in the pre-salt layer, China is extracting oil and gas at 10,910 meters onshore — Shenditake 1 is the world’s first onshore well to exceed 10 km.

Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.

Trump promises transparency in Venezuela’s oil, but secret deals and corruption allegations continue to surround the billion-dollar sector.

In the driest desert on Earth, scientists find a living “oasis” 2 meters deep, where microbes survive in the dark, extracting moisture from minerals, as if it were a clue to finding life on Mars.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

China can help protect the Amazon by increasing the purchase of sustainable meat and pressuring the market against deforestation.

Iraq announces discovery of 8.8 billion barrels on the Saudi border, and China takes control of the new fields as the US completes its military withdrawal.

Russia is building the world’s most powerful nuclear icebreaker with 150 MW and 2 reactors while the US has not delivered a new heavy one since 1999.