Seacrest Petroleo Bermuda Ltd, founded in Bermuda, is an independent energy company focused on the exploration and production of oil and gas in key global markets. The company specializes in offshore drilling and production, positioning itself as a significant player in the energy sector, aiming to deliver sustainable and efficient energy solutions to meet global demands.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SEAPT 16.00% 2027-01-29 USDSeacrest Petroleo Bermuda Ltd | Bermuda | 2027-01-29 | 16.000 | 81.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Seacrest Petroleo Bermuda Ltd initiated its bond issuance program in 2015, with notable issuances aimed at financing exploration projects and enhancing production capabilities. Among its significant offerings, a $300 million bond issued in late 2020 garnered attention, achieving yields that were competitive against industry benchmarks, currently around 5.5%. The bonds feature interesting convertible options, allowing investors to convert bonds into equity under certain conditions, which showcases the company's innovative approach to financing amidst evolving energy market dynamics.