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AtkinsRéalis Announces Private Offering of $700 Million of Unsecured Debentures and its Intention to Redeem $300 Million Series 7 Debentures and $400 Million Series 8 Debentures
AtkinsRéalis Announces Private Offering of $700 Million of Unsecured Debentures and its Inte...
About this update from Atkinsrealis Group Inc.
[{"type":"text","content":"\n\n\nAtkinsRéalis Announces Private Offering of $700 Million of Unsecured Debentures and its Intention to Redeem $300 Million Series 7 Debentures and $400 Million Series 8 Debentures\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nMONTREAL, March 24, 2026 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, announced today that it has priced an offering of $400 million aggregate principal amount of 4.411% Series 9 unsecured debentures due June 15, 2031 (the \"Series 9 Debentures\") and $300 million aggregate principal amount of 4.756% Series 10 unsecured debentures due March 15, 2033 (the \"Series 10 Debentures\", and together with the Series 9 Debentures, the \"Debentures\").\n\n\n\n\n\n\n\nOffering of DebenturesThe Debentures are being offered through a syndicate of agents led by BMO Capital Markets, CIBC Capital Markets and National Bank Capital Markets, as joint bookrunners, and which also includes BNP Paribas (Canada) Securities Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., Desjardins Securities Inc. and BofA Securities. The Series 9 Debentures will be issued at a price of $999.87 per $1,000 principal amount of Series 9 Debentures and the Series 10 Debentures will be issued at par, and closing is expected to occur on or about April 6, 2026, subject to customary closing conditions. AtkinsRéalis intends to use the net proceeds of the offering for the redemption of the $300 million principal amount of outstanding Series 7 debentures due June 12, 2026 (the \"Series 7 Debentures\") and the $400 million principal amount of outstanding Series 8 debentures due March 26, 2029 (the \"Series 8 Debentures\"), and for general corporate purposes, if applicable.The Series 9 Debentures will bear interest at a fixed annual rate of 4.411%, payable in equal semi-annual instalments, in arrears, on June 15 and December 15 of each year until maturity, commencing on December 15, 2026. The Series 10 Deb...