Caturus Energy to offer $500mn of senior notes in private placement

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 13.Apr.2026, Words: 119) — Caturus Energy, LLC intends to offer $500mn in aggregate principal amount of senior unsecured notes due 2031 in a private placement to eligible purchasers, subject to market conditions.

Net proceeds from the notes offering will be earmarked to fund a portion of the consideration for the previously announced acquisition of the Galvan Ranch assets from SM Energy Company, repay a portion of the outstanding borrowings under Caturus’ revolving credit facility and pay the estimated fees and expenses in connection with the notes offering, Caturus said on 13 Apr. 2026 in an official statement.