Granite Ridge Resources Boosts Liquidity with $350M Unsecured Notes Offering
ByAinvest
Tuesday, Dec 2, 2025 6:41 am ET1min read
GRNT--
Granite Ridge Resources has increased its liquidity by issuing $350 million in 8.875% unsecured notes due 2029. The company previously had high credit facility utilization, but this move should help alleviate that issue. The new notes have a fixed interest rate of 8.875% and mature in 2029. This funding should support Granite Ridge's ongoing operations and development plans.
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