2023-06-09 07:51:55 ET
- CAE ( NYSE: CAE ) announced on Friday that it has priced private offering of $400M of of 5.541% Series 1 Senior Unsecured Notes due June 12, 2028.
- Notes are being offered through a syndicate of agents led by RBC Dominion Securities, Scotia Capital, and TD Securities.
- The notes will be issued at par and will bear interest at the rate of 5.541% per annum, payable semi-annually.
- The notes will be direct, senior unsecured obligations of the Corporation.
- Offering is expected to close on or about June 12, 2023.
- Company expects to use proceeds of offering to repay existing indebtedness, and for other general corporate purposes.
- Press Release .
For further details see:
CAE prices $400M private offering of senior unsecured notes