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Obsidian Energy has announced an offering of $175 million, 5-year senior unsecured notes due in 2030 and plans to use the proceeds to redeem existing $80.8 million senior unsecured notes due in 2027. The new notes will have a 8.125% interest rate and closing is expected on or about December 3, 2025. The company plans to use the remaining funds to pay down debt and pay related expenses.

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