NuVista Energy Ltd.

Description

Completed private placement of 7.875% senior unsecured notes due 2026. Proceeds will be used to fully redeem its $220 million aggregate principal amount of 6.5% senior unsecured notes due 2023 at a redemption price of 101.625%, plus accrued and unpaid interest. The notes were offered through a syndicate of underwriters led by CIBC Capital Markets and RBC Capital Markets, as joint book-runners, Scotiabank, as co-lead manager, and ATB Capital Markets, BMO Capital Markets and Peters & Co., as co-managers.

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Estimated Price
CA$230.0MM
Financing Type
Report Date