United Terra Enterprises Engages in Senior Notes Offering

United Terra Enterprises PLC has announced the mandate for a senior notes offering valued at up to USD 150 million, due in 2030. The company has engaged Abalone Capital Ltd and Countryserv International Inc. as co-dealers and lead managers for the issuance.

The senior unsecured notes are guaranteed by certain subsidiaries and major shareholders of UTP. The issue aims to repay existing debts and fund activities, including conventional oil production and renewable energy projects in Europe. The process commenced on July 23, 2025, with closing anticipated by the end of the month.

The offering is compliant with Regulation S of the U.S. Securities Act of 1933 and targets qualified investors outside of the U.S. and European Economic Area. While the notes are not rated, there are plans to list them on the Luxembourg Stock Exchange post-placement.