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North American Construction Prices $200 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 06/10/26 08:36 AM EDT

08:36 AM EDT, 06/10/2026 (MT Newswires) -- North American Construction Group (NOA) said Wednesday it has priced its $200 million private placement offering of 7% senior unsecured notes due June 16, 2031.

The company said that the notes will accrue interest at 7% per annum, payable in cash semi-annually.

The company said it intends to use the offering's net proceeds to repay debt and for general corporate purposes.

The offering is expected to close on or about June 16, it added.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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