TSX:GEIOil and Gas
Gibson Energy (TSX:GEI) Valuation in Focus After $375 Million Debt Refinancing and Balance Sheet Reset
Gibson Energy (TSX:GEI) just wrapped up a major refinancing move, closing a private placement of $375 million in senior unsecured notes at 4.45%, due in 2032. This fresh injection of capital is earmarked for repaying maturing debt and supporting broader corporate needs. Moves like these can reshape a company’s debt profile for years to come. For investors, a debt refinancing such as this is a key signal, often reflecting management's view on future interest rates and raising questions about...