Tamarack issues 1st ESG-linked bond by North American producer

In:

Oil & gas

Region:

Americas

A small Alberta oil driller appears to be the first North American oil and gas upstream producer to issue bonds linked to meeting its environmental and social goals.Tamarack Valley Energy said it closed on the sale of C$200 million (about $157.3 million) of bonds due in May 2027 with a 7.25% coupon....

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