Crown Point Energy Issues US$30 Million in Series IX Secured Notes

Reuters01-31 07:22

Crown Point Energy Issues US$30 Million in Series IX Secured Notes

Crown Point Energy Inc. has announced that its wholly-owned Argentine subsidiary, Crown Point Energía S.A., has issued US$30.0 million principal amount of Series IX secured fixed-rate notes, denominated in US dollars and payable in Argentine pesos. Of the total, US$24,597,000 was issued for cash consideration, while US$5,403,000 was issued in exchange for the surrender and cancellation of an equivalent amount of Series V Notes. The Series IX Notes accrue interest at a fixed rate of 10.75% per annum, with principal repayments in ten equal installments starting October 30, 2026, and final payment on January 30, 2029. The notes are secured by a pledge on crude oil sales collections from the El Tordillo, Puesto Quiroga, and La Tapera concessions. The full prospectus can be found in Spanish on the Financial Information Highway on the CNV website (https://www.argentina.gob.ar/cnv).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Point Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9646470-en) on January 30, 2026, and is solely responsible for the information contained therein.

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