Cameco announces $500 million debenture offering by private placement

Saskatoon, saskatchewan--(business wire)---- $ccj #cameco--cameco (tsx: cco; nyse: ccj) announced today that it has priced a private placement of senior unsecured debentures (the “offering”) consisting of $500 million principal amount of 4.94% senior unsecured debentures, series i maturing on may 24, 2031 (the “series i debentures”). the closing of the offering is expected to take place on may 24, 2024. cameco intends to use the net proceeds of the offering to retire all of its outstanding 4.19% senior unsecure.
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