North American Construction Group Ltd. Announces Closing of Additional $125 Million Senior Unsecured Notes

Core Points - North American Construction Group Ltd. (NACG) has successfully closed a private placement offering of an additional $125 million of its 7.75% Senior Unsecured Notes due May 1, 2030, bringing the total outstanding amount to $350 million [1][2] - The proceeds from the offering will be used to repay existing indebtedness under its Credit Agreement and for general corporate purposes [2] - The Notes were offered on a private placement basis in Canada and to qualified institutional buyers in the U.S. under Rule 144A and Regulation S [3] Company Overview - NACG is a leading provider of heavy civil construction and mining services in Australia, Canada, and the U.S., with over 70 years of experience in the mining, resource, and infrastructure construction markets [4]