Date Closed

February 12, 2024

Lead Office

Toronto

Value

463.00 Million CAD

On February 12, 2024, (i) NRM Cabin Intermediate #1 Limited Partnership and NRM Cabin Finance #1 Limited Partnership, as co-issuers, completed their issuance of C$241,224,000 aggregate principal amount of 5.583% Senior Secured Bonds due July 31, 2033 and (ii) NRM Cabin Intermediate #2 Limited Partnership and NRM Cabin Finance #2 Limited Partnership, as co-issuers, completed their issuance of C$221,867,000 aggregate principal amount of 6.630% Senior Secured Bonds due July 31, 2033. The issuers are wholly owned subsidiaries of NorthRiver MidstreamInc.

McCarthy Tétrault advised RBC Dominion Securities Inc. and Scotia Capital Inc., as Agents with a team led by Gordon Baird that included Audrey Bouffard-Nesbitt, Kristin Dosen (Financial Services), Michael Eldridge, Sarah Ferguson (Securities), Matthew Kraemer, Taylor Page (Tax), Walker MacLeod (Bankruptcy), Kerri Howard and Ashley Urch (Oil and Gas).