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Stocks in play: AutoCanada Inc.

Baystreet.ca
·1 min read

Has closed its previously announced private placement offering of senior notes. The Offering consisted of an additional $125 million aggregate principal amount of its existing 8.75% senior unsecured notes due February 11, 2025, at a price of 106.625% plus accrued interest from and including February 11, 2021, which was increased from the initial offering size of $100 million . Upon closing of the Offering, the total principal amount of the 8.75% Senior Notes due February 11, 2025 outstanding is $250 million. AutoCanada Inc. shares T.ACQ are trading up $0.24 at $44.11.

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