Toromont Industries Ltd. has priced a Canadian offering of $300 million aggregate principal amount of 3.76 percent senior unsecured notes due 2030.

Toromont intends to use the net proceeds of the offering for the repayment of indebtedness and other general corporate purposes.

The notes are being offered exclusively to persons resident in a Canadian province through a syndicate of agents led by BMO Capital Markets, CIBC Capital Markets and TD Securities Inc.