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Excelerate Energy Announces Pricing of $800 Million Upsized Offering of 8.000% Senior Notes Due 2030

1. Excelerate Energy has priced $800 million in unsecured senior notes. 2. The 8% notes are due in 2030, maturing on May 15.

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FAQ

Why Bullish?

Raising $800 million suggests strong financing capability, likely improving EE's valuation. Past bond offerings in energy sectors have positively influenced share prices.

How important is it?

The substantial raise indicates financial health and strategic potential, enhancing investor confidence.

Why Long Term?

The capital raised could facilitate growth initiatives, impacting EE's market position positively over the coming years.

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THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that Excelerate Energy Limited Partnership (the “Issuer”), a subsidiary of Excelerate, has priced its offering (the “Offering”) of $800 million in aggregate principal amount of 8.000% unsecured senior notes due 2030 (the “2030 Notes”). The 2030 Notes will mature on May 15, 2030 and will be issued at par. The Offering is expected to close on May 5, 2025, subject to customary.

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