BRIEF-Bird Construction Launches Private Placement Of Senior Notes

- Bird Construction Inc BDT.TO:

  • ANNOUNCES LAUNCH OF PRIVATE PLACEMENT OF SENIOR NOTES AND EXPECTED AMENDMENTS TO ITS CREDIT AGREEMENT

  • TO USE PROCEEDS TO REPAY $204 MILLION TERM LOAN DEBT AND FOR GENERAL PURPOSES

  • TO INCREASE REVOLVING CREDIT FACILITY TO $500 MILLION AND EXTEND MATURITY TO SEPT 3, 2029

Source text: ID:nGNX25rXMC

Further company coverage: BDT.TO