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News  ›  GlobeNewswire Inc.

Cenovus Energy announces $2.6 billion offering of senior notes

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Cenovus Energy Inc.
Cenovus Energy announces $2.6 billion offering of senior notes

Cenovus Energy has priced a $2.6 billion offering of senior unsecured notes across Canadian and U.S. dollar denominations, with varying coupon rates and maturities. The proceeds will be used to redeem existing notes and for general corporate purposes.

Insights
CVE   positive

The company is raising significant capital through a strategic debt offering, demonstrating financial flexibility and ability to refinance existing obligations