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Published on 4/11/2024 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Puma Energy launches five-year dollar-denominated senior notes

By Marisa Wong

Los Angeles, April 11 – Puma International Financing SA is offering dollar-denominated senior notes (//BB) guaranteed by parent company Puma Energy Holdings Pte. Ltd., according to a notice.

The five-year notes will be non-callable for two years.

The issuer intends to use the proceeds from the Rule 144A and Regulation S offering to refinance its outstanding 5% senior notes due 2026.

The company has also announced a capped tender offer of the existing notes. The tender offer is conditioned on pricing of the new notes.

Puma Energy is a Geneva and Singapore-based global fuel distributor, primarily across Latin America and Africa.


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