Husky Energy Inc.

Husky Energy Inc. in its $1.25 billion public offering

Client

Husky Energy Inc.

Value

$1.25 billion

Service

Capital Markets

Date Closed

August 2020

Lead Office

Calgary

 

On August 7, 2020, Husky Energy Inc. completed its $1.25 billion public offering of 3.50% notes due February, 2028. The notes were sold through a syndicate of agents led by RBC Capital Markets, CIBC Capital Markets and Scotia Capital Inc. The proceeds will be used for general corporate purposes including the repayment of Husky’s $500 million unsecured non revolving term loan credit facility.

Husky Energy Inc. is a Calgary based integrated energy company specializing in operations in Western Canada and the United States along with the Asia Pacific and Atlantic regions.

Osler, Hoskin & Harcourt LLP advised Husky Energy Inc. with a team consisting of Daniel Kolibar, Kelsey Armstrong, Lindsay Hofer (Corporate) Dana Saric (Financial Services), Colena Der and Jennifer Lee (Taxation).