Capital Markets

Delphi Energy Corp. in its $15 million senior secured notes financing

Delphi Energy Corp.
Team
Heidi Wong

Counsel, Corporate, Calgary

On November 9, 2018, Delphi Energy Corp. closed its previously announced financing comprised of the sale of 15,000 senior secured notes, for gross proceeds of approximately $15 million. As a result of this transaction, the enhanced liquidity further supports Delphi’s planned accelerated capital program.

Delphi is a Canada-based company that is engaged in the acquisition for and exploration, development, and production of crude oil, natural gas and natural gas liquids in western Canada.

Osler, Hoskin & Harcourt LLP represented Delphi with a team that was led by Robert Lehodey and supported by Heidi Wong (Corporate).

Value
$15 million
Date Closed
November 9, 2018
Lead Office
Calgary
Team
Heidi Wong

Counsel, Corporate, Calgary