Athabasca oil corporation announces a c$200 million unsecured notes offering and issuance of a conditional redemption notice for its us$157 million of secured notes due 2026

Not for distribution to u.s. news wire services or dissemination in the united states calgary, alberta, july 29, 2024 (globe newswire) -- athabasca oil corporation (tsx: ath) (“athabasca” or the “company”) announced today that it has entered into an underwriting agreement to sell at par, pursuant to a private placement (the “offering”), $200 million senior unsecured notes due 2029 (the “notes”) which bear interest at 6.75% per annum. closing of the offering is anticipated on or about august 9, 2024.
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