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Énergir announces $300 million private placement of series 2025-1 first mortgage bonds

On May 20, 2025, Énergir, L.P. announced a private placement of $300 million in Series 2025-1 First Mortgage Bonds. These bonds will be secured by a hypothec on Énergir, L.P.'s assets and will bear interest at 4.65 percent per annum. The bonds are expected to be dated May 20, 2025, and mature on May 20, 2055. They have been provisionally rated A by both Standard & Poor’s and DBRS Limited.

Énergir, L.P. is a diversified energy company with significant operations in Quebec and Vermont, focusing on sustainable energy solutions.

The syndicate of agents for this offering included BMO Nesbitt Burns Inc., Scotia Capital Inc., and TD Securities Inc. as joint bookrunners and co-lead private placement agents, along with CIBC World Markets Inc., Desjardins Securities Inc., National Bank Financial Inc., RBC Dominion Securities Inc., Merrill Lynch Canada Inc., Mizuho Securities Canada Inc., and Casgrain & Company Limited.

McCarthy Tétrault advised Énergir, L.P. with a team led by Richard O’Doherty that included Patrick Boucher, Isabelle Nazon, Mathilde Melançon-Brais, Karolina Kasparov, Benjamin Brown, and Annie Poirier-Simard (Business).

Company

BMO Nesbitt Burns Inc

Law Firm / Organization
Osler, Hoskin & Harcourt LLP
Public/Private Offering
Energy
$ 300,000,000
Active