Heritage Petroleum, founded in 2005 and headquartered in Trinidad and Tobago, is a leading player in the oil and gas sector focused on exploration, production, and refining of petroleum resources. The company’s operations include the development of crude oil and natural gas assets, alongside providing refined petroleum products to both local and international markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TPHLTT 9.00% 2029-08-12 USDHeritage Petroleum | United Kingdom | 2029-08-12 | 9.000 | 8.05 |
| TPHLTT 9.00% 2029-08-12 USDHeritage Petroleum | United Kingdom | 2029-08-12 | 9.000 | 8.05 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Heritage Petroleum has strategically issued bonds since its inception, with notable issuances including a $150 million bond in 2018 to fund exploration activities, reflecting a robust commitment to growth. Currently, the company offers a yield of approximately 6.5%, competitive within the industry, and it has recently made headlines following the successful refinancing of its bond notes with enhanced terms aimed at improving liquidity. Additionally, the company has introduced convertible features in some of its latest bond offerings, allowing for greater flexibility and attraction to investors amidst fluctuating market conditions.