10:24 AM EDT, 05/01/2025 (MT Newswires) -- North American Construction Group ( NOA ) on Thursday said it has closed its private placement offering of $225 million in 7.75% senior unsecured notes due May 1, 2030.

Proceeds will be used to repay indebtedness and for general corporate purposes.

The company's shares were last seen up $0.23, to $21.23, on the Toronto Stock Exchange.

Price: 21.23, Change: +0.23, Percent Change: +1.10