Suncor announces tender offers for certain outstanding series of notes
Calgary, alberta--(newsfile corp. - september 19, 2024) - suncor energy inc. (tsx: su) (nyse: su) ("suncor") announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the table below (collectively, the "notes") for an aggregate purchase price, excluding accrued and unpaid interest, of up to c$800 million (collectively, the "tender offers"). title of security (1) cusip/isin principal amount outstanding maximum amount (2) acceptance priority level (3) par call date (4) maturity date reference security bloomberg reference page fixed spread (5)(6) pool 1 tender offers 6.50% notes due 2038 867229ae6 / us867229ae68 us$954,042,000 c$700,000,000 1 n/a june 15, 2038 3.875% ust due august 15, 2034 fit1 135 6.80% notes due 2038(7) 71644eaj1 / us71644eaj10 us$881,081,000 2 n/a may 15, 2038 3.875% ust due august 15, 2034 fit1 140 pool 2 tender offers 3.10% series 6 medium term notes due 2029 86721zap4 / ca86721zap41 c$78,743,000 c$100,000,000 1 february 24, 2029 may 24, 2029 2.25% government of canada bond due june 1, 2029 fit can0-50 120 3.00% series 5 medium term notes due 2026 86721zam1 / ca86721zam10 c$115,182,000 2 june 14, 2026 september 14, 2026 1.50% government of canada bond due june 1, 2026 fit can0-50 70 6.00% notes due 2042(8) 13643eah8, c18885af7 / us13643eah80, usc18885af71 us$31,625,000 3 october 1, 2041 april 1, 2042 4.125% ust due august 15, 2044 fit1 200 5.35% notes due 2033(7) 716442ah1 / us716442ah16 us$118,367,000 4 n/a july 15, 2033 3.875% ust due august 15, 2034 fit1 105 5.95% notes due 2035(7) 71644eag7 / us71644eag70 us$199,271,000 5 n/a may 15, 2035 3.875% ust due august 15, 2034 fit1 125 5.00% series 7 medium term notes due 2030 86721zaq2 / ca86721zaq24 c$154,041,000 6 january 9, 2030 april 9, 2030 1.25% government of canada bond due june 1, 2030 fit can0-50 125 5.39% series 4 medium term notes due 2037 86721zab5 / ca86721zab54 c$279,124,000 7 n/a march 26, 2037 2.75% government of canada bond due december 1, 2055 fit can0-50 165 (1) the 6.50% notes due 2038, 6.80% notes due 2038, 6.00% notes due 2042, 5.35% notes due 2033 and 5.95% notes due 2035 are referred to herein as the "us$ notes.
