Street Calls of the Week
North American Construction Group Ltd. (NYSE:NOA) announced the offering and pricing of a reopening of $125 million in senior unsecured notes. The announcement was made in a press release filed with the Securities and Exchange Commission.
According to the filing, the company is reopening its existing senior unsecured notes offering to raise an additional $125 million. Details regarding the interest rate, maturity date, and use of proceeds were not specified in the SEC filing.
North American Construction Group, based in Acheson, Alberta, operates in the oil and gas field services sector. The company’s president and CEO, Joe Lambert, signed the filing on Tuesday.
This information is based on a press release statement included in the SEC filing.
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