On October 22, 2025, North American Construction Group Ltd. (“NACG”) announced the successful closing of private placement offering of an additional $125 million of Senior Unsecured Notes (the “Offering”), representing an additional issuance to the $225 million aggregate principal amount of 7.75% Senior Unsecured Notes issued on May 1, 2025. The Offering was underwritten by National Bank Financial Inc., ATB Securities Inc., Scotia Capital Inc., TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Canaccord Genuity Corp., and Raymond James Ltd.
NACG is a premier provider of heavy civil construction and mining services in Australia, Canada, and the U.S.
Fasken advised NACG with a team led by Grant McGlaughlin that included Victoria Zed, and Madeleine MacLean (Capital Markets and M&A).
Jurisdiction
- Ontario
