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Prospect News home > News index > List of issuers B > Headlines for Baytex Energy Corp. > News item
Published on 3/14/2024 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

Fitch assigns Baytex notes BB-

Fitch Ratings said it assigned BB-/RR3 ratings to Baytex Energy Corp.'s planned senior unsecured notes offering. The notes will be guaranteed by all material subsidiaries of Baytex.

The proceeds will be used to redeem the company's 8¾% senior notes due 2027, also rated BB-/RR3, and repay a portion of credit facility borrowings.

The outlook is positive.


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