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North American Construction Group Prices C$200 Million Notes Offering

BY MT Newswires | CORPORATE | 08:59 AM EDT

08:59 AM EDT, 06/10/2026 (MT Newswires) -- North American Construction Group (NOA) priced an offering of C$200 million aggregate principal amount of 7.00% senior unsecured notes due June 16, 2031.

The notes will be issued at a price of $1,000 per $1,000 of notes, the company said.

NOA plans to use the proceeds to repay indebtedness under its existing credit agreement, and for general corporate purposes.

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

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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