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FINWIRES

EnQuest Prices $675 Million Notes Due 2031

-- EnQuest (ENQ.L) priced its offering of $675 million worth of 9.875% senior notes due 2031 at an issue price of 99.038%, according to a Wednesday filing.

The British energy transition company will use the proceeds to redeem $465 million of its senior notes due 2027, while strengthening liquidity and supporting general corporate purposes.

A portion of the proceeds will also be allocated to fees and costs related to the offering.

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