Core Viewpoint - North American Construction Group Ltd. (NACG) has successfully closed a private placement offering of $225 million in Senior Unsecured Notes with a 7.75% interest rate, maturing on May 1, 2030, to repay existing debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $225 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 [1]. - The Notes were sold in Canada under private placement exemptions and were not registered under the U.S. Securities Act, being offered only to qualified institutional buyers [2]. - The offering was underwritten by several financial institutions, including National Bank Financial Inc. and its U.S. affiliates [3]. Group 2: Company Overview - North American Construction Group Ltd. 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].

Core Points - North American Construction Group Ltd. (NACG) announced a private placement offering of $225 million aggregate principal amount of 7.75% Senior Unsecured Notes due May 1, 2030 [1] - The Notes will accrue interest at a rate of 7.75% per annum, with semi-annual payments starting November 1, 2025 [1] - The net proceeds from the Offering will be used to repay existing indebtedness and for general corporate purposes [2] Offering Details - The Notes are being conditionally offered for sale in Canada and are not registered under the U.S. Securities Act [3] - The Offering is led by National Bank Financial Inc. and several other financial institutions, with expected closing on or about May 1, 2025 [4] Company Overview - NACG is a premier 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 [6]