Debt repayment update
Capricorn Energy PLC has announced the early repayment of its $30 million Junior Debt Facility loan, two years ahead of schedule. This significant debt reduction was made possible by $81 million in collections received year-to-date from the Egyptian General Petroleum Corporation, demonstrating strong cash flow generation and improved financial health for the company.
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Capricorn announces that it has fully repaid its $30m Junior Debt Facility loan two years ahead of schedule, following $81m in collections from the Egyptian General Petroleum Corporation year to date.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.