09:11 AM EDT, 05/27/2026 (MT Newswires) -- Bird Construction ( BIRDF ) is launching a senior notes offering to repay the entirety of its near $204 million debt under a non-revolving term loan facility, the company said on Wednesday.

Bird will apply any balance for general corporate purposes, which may include repayment of amounts drawn under revolving credit facilities or funding future acquisitions, a statement added.

The Notes will be unsubordinated obligations of Bird.

The company will also amend its credit agreement to increase the size of the revolving credit facility from $400 million to $500 million, and extend the maturity date from September 3, 2028 to September 3, 2029. The amendment will also remove the requirement that Bird and the subsidiary guarantors provide security for their respective obligations under the credit agreement for so long as Bird maintains an investment grade rating.

Bird Construction ( BIRDF ) shares closed up $1.39, to $60.19 on Tuesday on the Toronto Stock Exchange, leaving it shy of 52 week highs.