Stantec Closes $310.6 Million Debt Offering-February 2024-www.financetom.com

Stantec Closes $310.6 Million Debt Offering

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Stantec Closes $310.6 Million Debt Offering

Jun 10, 2025 10:25 AM

01:10 PM EDT, 06/10/2025 (MT Newswires) -- Stantec ( STN ) said Tuesday it closed a CA$425 million ($310.6 million) offering of senior unsecured notes.

The notes bear interest at 4.374% per annum and mature on June 10, 2032.

Proceeds will be used to repay existing debt and for general corporate purposes, the company said.

Price: 105.40, Change: +0.44, Percent Change: +0.41

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