logo
logo

Shawcor Announces Closing Of C$150 Million Unsecured Note Financing

Shawcor Announces Closing Of C$150 Million Unsecured Note Financing

12/10/21, 8:51 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgtoronto
Money raised
$150 million
Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) today announced that it has successfully closed its previously announced private offering (the “Offering”) of C$150 million aggregate principal amount of 9.00% senior unsecured notes due 2026 (the “Notes”). As previously stated, the Company will utilize net proceeds of the Offering to repay amounts outstanding under its existing syndicated credit facility.

Company Info

Company
Shawcor Ltd
Location
toronto, ontario, canada
Additional Info
About Shawcor Shawcor Ltd. is a growth-oriented, global material sciences company serving the Infrastructure, Energy, and Transportation markets.