10:03 AM EDT, 06/19/2025 (MT Newswires) -- Whitecap Resources ( SPGYF ) on Thursday said it successfully closed the previously announced offering of $300 million of senior unsecured notes due June 19, 2028.

The company said the notes will bear interest at a fixed rate of 3.761% per annum. Net proceeds will be used to repay existing indebtedness and for general corporate purposes.

Whitecap Resources ( SPGYF ) added that these notes were assigned a rating of BBB, with a stable trend, by Morningstar DBRS.

Shares of the company were last seen up $0.09 at $9.615 on the Toronto Stock Exchange.

Price: 9.61, Change: +0.09, Percent Change: +0.95