REG - Zenith Energy Ltd - Payment of multi-currency bond coupon

Zenith Energy (CA)Announcement

27/07/2022 16:45

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RNS Number : 9771T  Zenith Energy Ltd  27 July 2022

July 27, 2022

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Payment of multi-currency bond coupon

Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the energy company with proven
revenue generating production, exploration and development assets in Africa
and Europe, is pleased to announce that it has today made coupon payments,
in full and on time, in respect of the following multi-currency Euro Medium
Term Notes the Company has listed on the Vienna MTF of the Vienna Stock
Exchange:

·       ZEEX 10.000 01/27/24 MTN XS2108546818 CHF

·       ZEEX 10.125 01/27/24 MTN XS2108546735 EUR

·       ZEEX 10.300 01/27/24 MTN XS2108546651 USD

·       ZEEX 10.375 01/27/24 MTN XS2108546578 GBP

Luca Benedetto, Chief Financial Officer, commented:

 

"Non-dilutive funding is an important area of focus for Zenith that we wish to
develop further as we increase in size and the current oil, gas and
electricity pricing climate attracts renewed investment in the energy
industry.

"We are very pleased to have progressively become an established debt issuer,
benefiting from two independent credit ratings and a now consistent record of
financial compliance towards our fixed income investors."

-ENDS -

Further Information:

 Zenith Energy Ltd

Andrea Cattaneo, Chief Executive Officer             Tel: +1 (587) 315 9031

                                                       E:       info@zenithenergy.ca
 BlytheRay - Financial PR/IR                           Tel: +44 207 138 3204

 Tim Blythe, Alice McLaren, Madeleine Gordon-Foxwell   E: zenith@blytheray.com

 Alternative Resource Capital - Broker

Alex Wood                                            Tel: +44 (0) 207 186 9004

 Keith Dowsing                                         Tel: + 44 (0) 207 186 9005

 

Notes to
Editors:

Zenith Energy Ltd. is a revenue generating, independent energy company with
production, exploration and development assets in Tunisia, Italy and the
Republic of the Congo, including electricity generation in Italy. The Company
is listed on the London Stock Exchange Main Market (LSE: ZEN) and the Euronext
Growth of the Oslo Stock Exchange (OSE: ZENA).

Zenith's strategic focus is on pursuing transformational opportunities in
Africa and Europe through the development of proven revenue generating oil,
gas and electricity production assets, as well as low-risk exploration
activities in assets with existing production.

 

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