03:34 AM EDT, 10/08/2025 (MT Newswires) -- North American Construction ( NOA ) said Tuesday it has priced $125 million worth of its 7.75% senior unsecured notes due 2030 at 103% of face value in a private placement.

The offering is in addition to a $225 million worth of debt issued under identical terms in May, the company said.

The offering, expected to close Oct. 22, is expected to raise $350 million, which the company said it expects to use to pay down debt and for general corporate purposes.