Business
Gibson Energy Announces $375 Million Senior Unsecured Note Offering Due 2032
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Aug. 1...
About this update from Gibson Energy Inc.
[{"type":"text","content":"Gibson Energy Announces $375 Million Senior Unsecured Note Offering Due 2032\n\n\n\n All financial figures are in Canadian dollars unless otherwise noted\n \n\n CALGARY, Alberta, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson” or the “Company”) announced today that it has agreed to issue $375 million of 4.45% senior unsecured notes due August 20, 2032 (the “Notes”).\n \n\n The offering is expected to close on August 20, 2025, subject to customary closing conditions. Gibson intends to apply the net proceeds from the offering toward the repayment of outstanding debt under its revolving credit facility and for general corporate purposes. This debt includes amounts borrowed to repay the Company’s $325 million principal amount 2.45% senior unsecured notes, which matured on July 14, 2025.\n \n\n The Notes are being offered in Canada on a private placement and agency basis through a syndicate of agents led by RBC Capital Markets and BMO Capital Markets, in reliance upon exemptions from the prospectus requirements under applicable securities laws.\n \n\n This news release does not constitute an offer to sell or the solicitation of an offer to buy the Notes in any jurisdiction in which such an offer, solicitation or sale would be unlawful. The Notes have not been approved or disapproved by any regulatory authority. The Notes have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any securities laws of any state of the United States and may not be offered, sold or delivered in the United States or to, or for the account or benefit of, United States persons.\n \n\n\n About\n \n\n Gibson\n \n\n Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company's operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan.\n \n\n Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, visit\n \n\n www.gibsonenergy.com\n \n\n .\n \n\n\n Forward-Looking\n \n\n ...