Mexico city: Esentia Energy Development, S.A.B. de C.V. ('ESENTIA' or the 'Company') announced the successful pricing of $1 billion in 6.125% Senior Notes due 2033 and another $1 billion in 6.500% Senior Notes due 2038. These notes will be issued in a private offering to qualified institutional buyers according to Rule 144A under the Securities Act of 1933, and to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act. The 2033 Notes will be priced at 99.517% and the 2038 Notes at 98.444%, maturing on July 30, 2033, and July 30, 2038, respectively. The notes will be fully and unconditionally guaranteed by certain subsidiaries of the Company, with the settlement expected on May 14, 2026, subject to customary closing conditions.

According to BERNAMA News Agency, the proceeds from this offering will be utilized by Esentia to fund a tender offer conducted by its subsidiary, Esentia Gas Enterprises, S. de R.L. de C.V., to purchase its outstanding 6.375% Senior Secured Notes due 2038. Additionally, the funds will be used to prepay the 5.465% Senior Secured Notes due 2041 issued by another subsidiary, Esentia Pipeline El Encino, S. de R.L. de C.V., as well as to settle other outstanding third-party debts. Any remaining proceeds will be directed towards general corporate purposes.