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ZEN Zenith Energy Ltd.

1.80
0.00 (0.00%)
Last Updated: 07:42:08
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zenith Energy Ltd. LSE:ZEN London Ordinary Share CA98936C8584 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.80 1.70 1.90 1.80 1.80 1.80 0.00 07:42:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Zenith Energy Ltd "B-" with Stable Outlook Credit Rating (2089X)

26/08/2020 9:49am

UK Regulatory


Zenith Energy (LSE:ZEN)
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TIDMZEN

RNS Number : 2089X

Zenith Energy Ltd

26 August 2020

August 26, 2020

ZENITH ENERGY LTD.

("Zenith" or the "Company")

"B-" with Stable Outlook Credit Rating

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE:ZEN; OSE:ZENA-ME), the listed international oil & gas production company, is pleased to announce that BCRA Credit Rating Agency AD ("BCRA") has assigned Zenith a "B-" with Stable Outlook long-term debt issuer credit rating.

BCRA is an independent credit rating agency operating since 2003. The Financial Supervision Commission ("FSC") and European Securities and Markets Authority ("ESMA") have fully registered BCRA in accordance with Regulation (EC) No. 1060/2009 of the European Parliament and of the Council on credit rating agencies.

The BCRA report can be viewed here: https://www.bcra-bg.com/en/ratings/zenith-energy-rating

Andrea Cattaneo, Chief Executive Officer of Zenith, commented:

"We are very pleased to have received an additional credit rating from an established European credit rating agency.

This rating is expected to help the Company successfully distribute its debt instruments to fund our ambitious asset acquisition and development programme in Africa."

Further Information:

 
 Zenith Energy Ltd 
 Andrea Cattaneo, Chief Executive      Tel: +1 (587) 315 9031 
  Officer 
                                      ----------------------------- 
                                       E-mail: info@zenithenergy.ca 
                                      ----------------------------- 
 Allenby Capital Limited - Financial 
  Adviser & Broker 
                                      ----------------------------- 
 Nick Harriss                          Tel: + 44 (0) 203 328 
  Nick Athanas                          5656 
                                      ----------------------------- 
 

Notes to Editors :

Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Merkur Market of the Oslo Stock Exchange (ZENA:ME).

Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the onshore oil & gas sector, specifically in Africa. The Company's board of directors and senior management team have the experience and technical expertise to develop the Company successfully.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

August 26, 2020 04:49 ET (08:49 GMT)

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