NRGBriefs: Suriname’s Oil Sector Awaits Time to Shine

(Energy Analytics Institute, 7.Jan.2022) — Energy briefs including Suriname awaiting its turn to be bathed in the glare of its own oil wealth; and Genuine Parts Company (NYSE: GPC) pricing an aggregate $1bn of senior notes.

LATIN AMERICA AND THE CARIBBEAN

Suriname

— W/ Guyana currently bathed in the spotlight created by the onset of oil production and the impact that this has had on investor interest in the country, neighboring Suriname would appear to be chomping at the bit, awaiting its turn to be bathed in the glare of its own oil wealth, Stabroek News reported on 7 Jan. 2022.

NORTH AMERICA

US

Genuine Parts Company (NYSE: GPC) priced an aggregate $1bn of senior notes, consisting of $500mn of 1.750% senior notes due 2025 issued at a price equal to 99.721% of the face value of the notes, and $500mn of 2.750% senior notes due 2032 issued at a price equal to 98.810% of the face value of the notes, the co. said 7 Jan. 2022 in an official stmt.

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.