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  4. Shamaran Petroleum Corp

Shamaran Petroleum Corp Bonds

Shamaran Petroleum Corp, founded in 2010 and headquartered in Vancouver, Canada, is an independent oil and gas company focused on exploration and production activities in the Kurdistan region of Iraq. The company primarily invests in oil and gas assets, aiming to develop its existing properties and explore new opportunities to enhance production and reserves.

Bond NameCountryMaturityCoupon(%)
SNMCN 12.00% 2029-07-30 USDShamaran Petroleum CorpCanada2029-07-3012.0000.00
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.

Shamaran Petroleum Corp issue history

Shamaran has been active in the bond market since 2017, initiating its bond issuances to bolster capital for operational expansion and strategic projects. Significant milestones include its 2020 issuance of 7.5% senior unsecured notes, which garnered investor interest due to their attractive yield compared to industry averages. The current yield reflects ongoing investor confidence as Shamaran continues to deliver on its operational commitments and navigate the complexities of the regional market.