Calgary assists agents on Tourmaline’s inaugural issuance of medium-term notes

Canada | February 25, 2021

Client: Tourmaline Oil Corp

Our Calgary office assisted the agents on Tourmaline Oil Corp.’s inaugural issuance of C$250m senior unsecured notes. The notes were issued at a fixed rate of 2.077 percent per year and will be due January 25, 2028.

Proceeds of the offering will be used to repay existing debt and for general corporate purposes.