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Stock impact report

Excelerate Energy Announces Pricing of $800 Million Upsized Offering of 8.000% Senior Notes Due 2030

Excelerate Energy, Inc. Class A (EE) 
Last excelerate energy, inc. class a earnings: 2/27 07:50 am Check Earnings Report
US:NYSE Investor Relations: ir.epelectric.com/investor-relations
Company Research Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that Excelerate Energy Limited Partnership (the “Issuer”), a subsidiary of Excelerate, has priced its offering (the “Offering”) of $800 million in aggregate principal amount of 8.000% unsecured senior notes due 2030 (the “2030 Notes”). The 2030 Notes will mature on May 15, 2030 and will be issued at par. The Offering is expected to close on May 5, 2025, subject to customary closing conditions. The Offering was upsized to $800 million in aggregate principal amount of 2030 Notes from the original offering size of $700 million in aggregate principal amount of 2030 Notes. Excelerate intends to use the net proceeds from the Offering, together with the net proceeds from the equity offering previously consummated by the Company and cash on hand, to (i) fund the consideration payable by the Company in the previously-announced pending acquisition of New Fortress Energy, Show less Read more
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