Bond LifeForce Energy 7.875% ( US516806AK23 ) in USD

Issuer	LifeForce Energy
Market price	103.486 % ▲
Country	United States
ISIN code	US516806AK23 ( in USD )
Interest rate	7.875% per year ( payment 2 times a year)
Maturity	15/04/2032
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Minimal amount	2 000 USD
Total amount	1 000 000 000 USD
Cusip	516806AK2
Standard & Poor's ( S&P ) rating	BB- ( Non-investment grade speculative )
Moody's rating	B1 ( Highly speculative )
Next Coupon	15/10/2026 ( In 99 days )
Detailed description	Vital Energy (US) is a privately held independent exploration and production company focused on the acquisition, development, and operation of oil and natural gas properties in the United States. This financial article provides a comprehensive overview of a specific bond issuance by Vital Energy, Inc., a U.S.-based independent energy company primarily engaged in the acquisition, exploitation, exploration, and development of oil and natural gas properties, predominantly within the Permian Basin of West Texas. This particular debt instrument, designated as an obligation with ISIN US516806AK23 and CUSIP 516806AK2, was issued in the United States and is denominated in U.S. Dollars (USD), carrying a fixed annual interest rate of 7.875% payable semi-annually until its maturity on April 15, 2032. The total size of this bond offering amounts to $1,000,000,000, with a minimum purchase increment set at $2,000, and it is currently trading on the market at a price of 87.853% of its face value. Reflecting its credit risk profile, the bond holds a 'B' rating from Standard & Poor's and a 'B2' rating from Moody's, placing it within the speculative-grade category.