Energean Israel Finance Ltd, founded in 2019 and headquartered in Tel Aviv, operates as a financing subsidiary of Energean Oil and Gas, focusing on supporting the development and operation of oil and gas activities in the Eastern Mediterranean. The company is dedicated to offering specialized financial solutions, including the issuance of bonds to raise capital for its projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ENOIGA 4.88% 2026-03-30 USDEnergean Israel Finance Ltd | Israel | 2026-03-30 | 4.875 | 4.28 |
| ENOIGA 5.38% 2028-03-30 USDEnergean Israel Finance Ltd | Israel | 2028-03-30 | 5.375 | 5.61 |
| ENOIGA 5.88% 2031-03-30 USDEnergean Israel Finance Ltd | Israel | 2031-03-30 | 5.875 | 6.42 |
| ENOIGA 8.50% 2033-09-30 USDEnergean Israel Finance Ltd | Israel | 2033-09-30 | 8.500 | 7.23 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Energean Israel Finance Ltd has strategically engaged in bond issuances to support its growth trajectory, with its first bond offering taking place in 2020. Notably, the company issued a significant bond valued at $500 million in 2021 to fund its exploration and development projects, reflecting a yield of 5.25%, which was competitive within the industry at that time. In recent developments, Energean has been proactive in structuring its bonds with sustainability features, aligning with global investors' interests, and ensuring flexibility in the face of market fluctuations, thereby enhancing its appeal among retail and institutional investors alike.